Vidyalelo
Commerce · Q939

Costing

Graduate and Post Graduate · Commerce · question 939

Q939

Assertion (A): A high operating ratio indicates a favourable position. Reason (R): A high operating ratio leaves a high margin to meet non-operating expenses.

A.
Both (A) and (R) are correct, and (R) correctly explains (A)
B.
Both (A) and (R) are correct, but (R) does not explain (A)
C.
Both (A)and (R) are incorrect
Answer
D.
(A) is correct, but (R) is incorrect

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board