a. A. Allocates the cost of the asset over its useful life c. Is recorded weekly d. Results in book value approximating fair market value 10. MCQs 1 To 10 . B. Explanation: No explanation is available for this question! Home >> Category >> Finance (MCQ) Questions and answers >> Ratio Analysis; 1) Determine Debtors turnover ratio if, closing debtors is Rs 40,000, Cash sales is 25% of credit sales and excess of closing debtors over opening debtors is Rs 20,000. a. Capital Intensive. What occurred after? Q4. PLEASE COMMENT BELOW WITH CORRECT ANSWER AND ITS DETAIL EXPLANATION. Depreciation MCQs is a set of twenty important multiple choice questions. ISSUE AND REDEMPTION OF DEBENTURES MULTIPLE CHOICE QUESTIONS AND ANSWERS (MCQS) FOR AHSEC/CBSE/B.COM/CA/CMA/CS EXAMINATION . MULTIPLE CHOICE QUESTIONS ON BASIC ACCOUNTING Q1] ... Q35] Fixed assets are double the current assets and half the capital. Vehicle C. Fixed deposit in bank D. Both A. and C. above . These short solved questions or quizzes are provided by Gkseries. In cash flows, when a company invests in fixed assets and short-term financial investments results in. muluken . Investment decision involves (a) investment in fixed assets. d. maintaining a record of the fair market value of all fixed assets. Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 8 Sources of Business Finance with Answers Pdf free download. C) Decreased Cash. Question 3. Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 8 Sources of Business Finance with Answers Pdf free download. Capital Intensive. Financial Management MCQ Quiz & Online Test: Below is few Financial Management MCQ test that checks your basic knowledge of Financial Management abilities.This Financial Management Quiz & Online Test contains questions 40 of multiple choice with 4 options. Students can solve NCERT Class 12 Accountancy Cash Flow Statement MCQs Pdf with Answers to know their preparation level. total assets. The gross profit margin is unchanged, but the net profit margin declined over the same period. a) Building b) Bank Balance c) Plant Patents d) Goodwill 55. Depreciation is calculated from the date of . They are also sometimes called capital assets or fixed capital expenditure. (c) investment in fixed and current assets. a. sanjay . Ramchandran, N., & Kakani, R. K. (2007). Which of the following are/is not a fixed asset? Both companies have similar operations. Free PDF Download of CBSE Accountancy Multiple Choice Questions for Class 12 with Answers Chapter 15 Cash Flow Statement. Mcq Added by: admin. thank you very much. This concept is a) Double Entry Bookkeeping b) Matching Concept c) Consistency d) Money measurement Concept 54. Answer: (a) market price per share. C. Programme Evaluation and Review Techniques. Answer Explanation ANSWER: Cash basis of accounting. 2. Is calculated by the department that uses the fixed asset b. a) Purchase of assets . pls leave a sugesstion about how much to revise again after the quizzs (mcq) Reply. New Delhi: Prentice Hall of India. Assets that have a fixed price and do not change. Multiple Choice Questions This activity contains 13 questions. a. Greate pieces. Q5. 1. (3rd, Ed.) Answer . Reply. Mcq accounting and its terminology. Vanessa Cruz . Your email address will not be published. Vehicle C. Fixed deposit in bank D. Both A. and C. above . Financial Statement Problems and Solutions. Financing short-term needs with short-term funds. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. (2nd, Ed.) Cash basis of accounting b. Keep posting such kind of information on your site. a. Dee's has a fixed asset turnover rate of 1.12 and a total asset turnover rate of 0.91. d) Assets installed. Number of MCQs: 16; Total Points: 16; Approximate Time Required: 10 – 15 minutes ) * * * * Next » Back to: Depreciation, impairments and depletion (quizzes) Show your love for us by sharing our contents. Thanks. Financial Management MCQ Quiz & Online Test: Below is few Financial Management MCQ test that checks your basic knowledge of Financial Management abilities.This Financial Management Quiz & Online Test contains questions 40 of multiple choice with 4 options. C) Investing Activities. Reply. Vehicle … Given below are important MCQs on Goodwill to analyse your understanding of the topic. Reply. A. My brother suggested I might like this web site. I cannot thank you enough for the blog.Much thanks again. Cash basis of accounting b. Buy Find arrow_forward. Once you have answered the questions, click on 'Submit Answers for Grading' to get your results. These short objective type questions with answers are very important for Board exams as well as competitive exams. Sam's has a fixed asset turnover rate of 1.15 and a total asset turnover rate of 0.88. Wrong! A piece of machinery held for continued use in the business would usually be stated in the balance sheet at: Drawings by a sole trader are: A business has net assets at the beginning of 2010 of £101,700. This could have happened if . Mcq accounting and its terminology. Question 1. Mcq accounting and its terminology ... Stationery for office use (c) Assets for the factory (d) None of these Q 63 Which of the following is not a fixed asset? 4 times b. Q5. The intangible asset is a monetary asset. HI5019 Chapter 7 MCQ Multiple-Choice Questions 1. IF YOU THINK THAT ABOVE POSTED MCQ IS WRONG. Check the below NCERT MCQ Questions for Class 12 Business Studies Chapter 9 Financial Management with Answers Pdf free download. Which of the following are/is not a fixed asset? B. 4. (A) 60% (B) 40% (C) 29% (D) 71% 17. ABDI TESFAYE . Merry spent an additional $10,00... $155,000 $145,000 $135,000 $125,000? 2. Loss on sale of fixed asset is a non-operating expense True False 3. We have provided Sources of Business Finance Class 11 Business Studies MCQs Questions with Answers to help students understand the concept … He was totally right. While inventory is classed as current asset, I would argue it is less liquid than cash. You can not imagine simply how much time I had spent for this information! Goodwill is a a) Fixed asset b) current asset c) intangible asset d) fictitious asset 3. (a) Balance sheet (b) Statement of owner equity (c) Income statement (d) Cash flow statement . Which of the following would be consistent with a more aggressive approach to financing working capital? A D V E R T I S E M E N T. 2 Comments on . Endalk Mebratu . D. Both A. and C. above. The items fair value can be measured reliably. Assets that are owned by consumer type businesses. Inspiring story there. Answer Explanation ANSWER: 4 times. Authorizing the acquisition of fixed assets b. 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