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Question : ---------------may be expressed as an arithmetical relationship between two accounting variables.

Option 1: Ratio 
 

Option 2: Accounting ratio

Option 3: Ratio Analysis

 

Option 4: None of the above 


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: Accounting ratio


Solution : Answer = Accounting ratio

The accounting ratio may be expressed as an arithmetical relationship between two accounting variables. The term accounting ratio is used to describe significant relationships which exist between figures shown in a Balance Sheet, in a Statement of Profit and Loss, in a budgetary control system.
Hence, the correct option is 2.

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