Finance Accounting Quiz


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Finance Accounting

Finance Accounting Quiz

1 / 25

Which  software is  not operating  software :-

2 / 25

In bill of exchange  ,  the party who  accepts  a bill  is known as :-

3 / 25

The need of codification  is:-

4 / 25

Which one is not considered in Lintner' s model:-

5 / 25

As per traditional classification of account, expense account is:-

6 / 25

What is  the basic  accounting  equation;-

7 / 25

Which of the following is a liability:-

8 / 25

Which is  not  a characteristics of  accounting  information;-

9 / 25

A proposal is not a capital budgeting proposal if it:-

10 / 25

In case of net income approach , the cost of equity is:-

11 / 25

The first  step of   accounting  process is :-

12 / 25

Legacies should be treated as;-

13 / 25

The claim of outsiders against business assets is called:-

14 / 25

Cost which  can not  be  conveniently  identified   with  individual  cost unit  is  called ;-

15 / 25

Auditing  is   examination of financial  statement:-

16 / 25

All  receipts  from sale  of  consumable  items  are treated as ;-

17 / 25

Financial leverage measure the relationship between:-

18 / 25

Accounting  is  as old  as  money itself ;-

19 / 25

Financial leverage is calculated as:-

20 / 25

In  final  account system ,  Branch trading  and profit and loss ac is  prepared  at ;-

21 / 25

Indifference level of EBIT is one at which:-

22 / 25

Royalties is calculated either on the basis of ____________ :-

23 / 25

Petty cash book  is a book  which record ;-

24 / 25

Contingent liability shown in the balance sheet , arises:-

25 / 25

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

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