Accounting Mcqs

The decision function of financial management can be broken down into the decisions:

A. Financing and investment B. Investment, financing, and asset management C. Financing and dividend D. Capital budgeting, cash management, and…

4 years ago

Alto industries has a debt-to-equity ratio of 1.6 compared with the industry average of 1.4. This means that the company:

A. Will not experience any difficulty with its creditors B. Has less liquidity than other firms in the industry C.…

4 years ago

Grapevine is

A. office decoration plant B. An information network C. An official drink D. None of these Explanation: TheĀ informal transmission of…

4 years ago

The major government policies that can be used to pursue its macroeconomic goals are:

A. fiscal policy and debt policy B. fiscal policy and monetary policy C. fiscal policy, debt policy and monetary policy…

4 years ago

Capital Lease is also called ___________?

A. Operating Lease B. Financial Lease C. Both A & B D. None of these Explanation: A finance leaseĀ (also known…

5 years ago

When goods, in which business deals are sold, it is called___________?

A. Purchases B. Return inward C. Sales D. Return outwards

7 years ago

Modern system of book keeping is called______________?

A. Double entry system B. American system C. Single entry system D. Italic system

7 years ago

Double entry means______________?

A. Entry in two sets of books B. Entry at two ends C. Entry at two dates D. Entry for…

7 years ago