Question
Which of the following forms of business organizations is created as a distinct legal entity owned by one or more individuals or entities?
Select correct option:
Sole-proprietorship
General Partnership
Limited Partnership
Corporation
Question
A portion of profits, which a company retains itself for further expansion, is known as:
Select correct option:
Dividends
Retained Earnings
Capital Gain (not sure)
None of the given options
Question
Which of the following ratios are intended to address the firm’s financial leverage?
Select correct option:
Liquidity Ratios
Long-term Solvency Ratios
Asset Management Ratios
Profitability Ratios
Question
Which of the given is (are) major difference(s) between net income and cash flow of the company?
Select correct option:
Accounts receivable only
Depreciation only
Accounts payable only
All of the given options
Question
The difference between current assets and current liabilities is known as:
Select correct option:
Surplus Asset
Short-term Ratio
Working Capital
Current Ratio
Question
The accounting definition of income is:
Select correct option:
Income = Current Assets – Current Liabilities
Income = Fixed Assets – Current Assets
Income = Revenues – Current Liabilities
Income = Revenues – Expenses
Question
Who of the following make a broader use of accounting information?
Select correct option:
Accountants
Financial Analysts
Auditors
Marketers
Question
Which of the following equation is known as Cash Flow (CF) identity?
Select correct option:
CF from Assets = CF to Creditors – CF to Stockholder
CF from Assets = CF to Stockholders – CF to Creditors
CF to Stockholders = CF to Creditors + CF from Assets
CF from Assets = CF to Creditors + CF to Stockholder
Question
Which of the following is subcategory (ies) of finance department?
Select correct option:
Accounting department only
Treasury department only
Accounting department and Treasury department
None of the given options
Question
Which of the following issue is NOT covered by “Investment” area of finance?
Select correct option:
Best mixture of financial investment
International aspects of corporate finance
Associated risks and rewards
Pricing financial assets