Finance Accounting

Finance Accounting Quiz

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Finance Accounting

Finance Accounting Quiz

1 / 25

Computer accounting system is used for recording the financial transaction:-

2 / 25

Net loss  occur when  expenses  are  ______ than  income  :-

3 / 25

As per traditional classification of account, drawing account is a:-

4 / 25

Who is the person take the property  on the lessee agreement:-

5 / 25

According too the traditional approach what is the effect of increase in degree of leverage on the valuation of the firm:-

6 / 25

Any physical thing or right owned that has money values is an :-

7 / 25

Which of the following is an example of current assets:-

8 / 25

The claim of outsiders against business assets is called:-

9 / 25

Which one is  not considered by Mill-orr Model:-

10 / 25

In the  revaluation account  an  increase in the value  of  land and  building  appears on the ___;-

11 / 25

The convention that state  that the accounting  practice should be  followed consistently over;-

12 / 25

Income  and  expenses  related  to the  prize  fund  is shown in ;-

13 / 25

When the required rate of returns is less than the coupon rate the premium on the bond:-

14 / 25

________  is  concerned  with the acquisition  ,  financing   and management  of  assets  with   some  overall  goal in mind :-

15 / 25

_________________ refers to the price at which an asset can be traded in the market:-

16 / 25

The minimum  rent can  ________  be proportionately ,  if  there is  a  stoppage  due to   strike ;-

17 / 25

If all  the partners,  but  one  are   solvent it is  :-

18 / 25

Dividing the  expenditure  into capital  and revenue   is  according to ;-

19 / 25

Accounts  which  are related  with  properties  are known as ;-

20 / 25

The system  by which companies  are managed and controlled  is known as ;-

21 / 25

Which  specialized  journals   records 'goods  returned  by customer':-

22 / 25

Following  business  generally  require  customised  software :-

23 / 25

Receivable management deals with;-

24 / 25

Good will is defined as:-

25 / 25

Which financial statement shows the details of company's revenues and expenses over a period of time;-

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