Accounting Quiz 12 (25 MCQs)

Correct Answer: C) Articles of Association.

Correct Answer: C) Profit after tax to book value of the investment.

Correct Answer: A) Only revenue nature cash flows are shown.

Correct Answer: C) Nominal account.

Correct Answer: C) Foreign exchange option.

Correct Answer: C) 2:1.

Correct Answer: D) Exit load allowed is some cases.

Correct Answer: D) All of the above.

Correct Answer: D) All of the above.

Correct Answer: B) Historical Cost.

Correct Answer: D) All of the above.

Correct Answer: C) Uruguay Round of 1986-1993.

Correct Answer: C) Both (a) and (b).

Correct Answer: A) Forward Rate Agreements.

Correct Answer: C) Accrual Principle.

Correct Answer: C) Forward transaction.

Correct Answer: D) All of the above.

Correct Answer: D) All of the above.

Correct Answer: C) It becomes obsolete.

Correct Answer: A) Maximization of shareholders wealth.

Correct Answer: D) All of the above.

Correct Answer: C) Both (a) and (b).

Correct Answer: D) Income before tax and interest on fixed liability.

Correct Answer: A) Zero Dividend.

Correct Answer: C) Both (a) and (b).