Question : Economizing of resources means __________

Option 1: making optimum use of the available resources

Option 2: making non-optimum use of the available resources

Option 3: making alternative use of the available resources

Option 4: None of the above

Question : Economizing of resources refers to ___________________

Option 1: making optimum use of available resources

Option 2: making non-optimum use of available resources

Option 3: making umlimted wants

Option 4: None of the above

Question : Which of the following statements is incorrect in respect of the analysis of the financial statement?

Option 1: Ineffective utilization of its (firm) resources.

Option 2: Effective utilization of its (firm) resources.

Option 3: Profitability of the firm in relation to investments.

Option 4: None of the above

Question : Which of the following statements is incorrect in respect of the analysis of the financial statement?

Option 1: Ineffective utilization of its (firm) resources.

Option 2: Effective utilization of its (firm) resources.

Option 3: Profitability of the firm in relation to investments.

Option 4: None of the above

Question : Which of the following statements is correct with respect to Creditors or Suppliers?

Option 1: Profitability of the firm in relation to investments.

Option 2: Short term solvency/liquidity of the concern.

Option 3: Effective utilization of its (firm's) resources.

Option 4: All of the above