Finance Accounting

Finance Accounting Quiz

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Finance Accounting

Finance Accounting Quiz

1 / 25

Which is not  a real account ;-

2 / 25

When goods are exchanged for immediate cash payment ,this transaction is  called:-

3 / 25

Which  is  not  a  personal  account :-

4 / 25

Revenue is earned being earned at the point  of time when:-

5 / 25

Loss on realization is  distributed   among  partners :

6 / 25

Good will will have no effect on business financial status:-

7 / 25

The  concession received  on the price of   defective   goods  is  called ;-

8 / 25

Fixed payment made for the used of an asset is called financial lease ;-

9 / 25

All revenue  incomes are credited  to :-

10 / 25

This is the feature of intangible assets:-

11 / 25

In case the firm is all equity financed, WACC would be equal to:-

12 / 25

Book keeping is the first step of ;-

13 / 25

The investment  decision is the most important of the firm's  three  major  decision,  when it comes  to :-

14 / 25

In compound  entry ;-

15 / 25

___________ can be traded through out the trading day at market price;-

16 / 25

Subscription received  in advance by a club are shown on _________ of the balance sheet;-

17 / 25

Accounts   receivable  sub system deals  with  expenses;-

18 / 25

Goodwill be purchased :-

19 / 25

Tax rate is relevant and important for calculations of specific cost of capital of:-

20 / 25

Goods  are supplied   by the head office to  dependent branches  are at ;-

21 / 25

Most organizations  use  __________ for  coding   their  accounts :-

22 / 25

Book keeping is a first step of:-

23 / 25

Shortworking is excess of minimum  rent over actual production:-

24 / 25

Application software  can not  operate  without  operating  software :-

25 / 25

Which is  true  about   over  applied  F.o.H:-

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