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Accounting Quiz 4 (25 MCQs)

Quiz Instructions:

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1. Which of the following accounting equation is correct?
2. Cost of Equity Share Capital is more than cost of debt because
3. The assets of a business can be classified as
4. Which one refers to cash in how under pay back period method?
5. Cost of Redeemable Preference Share Capital is
6. Financial planning starts with the preparation of
7. The amount in unpaid dividend accounts of companies shall be transferred to the
8. AS-19 deals with
9. The cost of debt capital is calculated on the basis of
10. When several countries jointly impose common external tariffs, eliminate tariffs on each other, and eliminate barriers to the movement of labor and capital among themselves, they have formed a/an
11. The current ratio of a company is 2 : 1. Which of the following suggestions would not change it?
12. Dividend is given on
13. The net profit ratio is the ratio of net profit to
14. _____ is needed to balance the balance of payments statement.
15. Following are some of the objectives of accounting
16. Dividing the net profit by the paid up amount of equity share capital yields _____
17. The sale of inventory on account will cause the quick ratio to
18. Which is the internal source of finance?
19. The cost of depreciation funds is calculated according to
20. A company earns sufficient profit before the close of the financial year and its management declares dividend, this dividend is called
21. The Gordon 's model of dividend policy is based on
22. The institutional framework developed in 1947 to promote trade liberalization is known as
23. The need of capital budgeting in a firm arises on account of the
24. A risk-free stock has a beta value equals
25. Which statement is true about financial management?
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