Finance Accounting

Finance Accounting Quiz

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Finance Accounting

Finance Accounting Quiz

1 / 25

A new partner  may be admitted  to  a partnership   ;-

2 / 25

Accounts  which  are related  with  properties  are known as ;-

3 / 25

Evaluation of capital budgeting proposal is based on the cash flow because:-

4 / 25

All branch expenses such as rent  salary  are paid  by HO  in case of :-

5 / 25

According to the going concern concept, a business entity should assumed to have:-

6 / 25

At the time of admission of  a new  partner, general  reserve is   credited to capital of  old partners ;-

7 / 25

______ is a entity formed by two or more companies to undertake financial activity together:-

8 / 25

The business in which merchant   purchases   goods and  sale in a same  position is  called   ;-

9 / 25

Control  unit works  as ________ of   the computer ;-

10 / 25

Subscription received in advance during the current year is:-

11 / 25

Accounting  involves  only  the  recording   of  business transaction;-

12 / 25

The normal balance of liabilities is called:-

13 / 25

In order to calculate weighted Average cost of weights may be based on:-

14 / 25

Decrease in liabilities is recorded as:-

15 / 25

Fixed assets  having physical existence are classified as:-

16 / 25

Financial Leverage arises because of:-

17 / 25

In Capital budgeting, the term capital rationing implies:-

18 / 25

Relaxed credit implies- credit to customers:-

19 / 25

Accounting  packages are developed on the basis of:-

20 / 25

Lessee  is  the _________:p

21 / 25

What are  the  factors to be   considered   while source accounting  software :-

22 / 25

Prepared expense should appear as ____________ in balance sheet:-

23 / 25

Lead time  is  the time  between  the time  on item reaches  _________ and __________ of ;-

24 / 25

Which is not a not for profit organisation:-

25 / 25

Which sources of funds has an implicit cost of capital:-

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