Sail E0 Webinar

MCQs

Total Questions : 90 | Page 3 of 9 pages
Question 21. In calculation of net cash flow, the deferred tax payments are classified as
  1.    non-cash revenues
  2.    non-cash charges
  3.    current liabilities
  4.    income expense
 Discuss Question
Answer: Option B. -> non-cash charges
Answer: (b).non-cash charges
Question 22. The type of interest rates consist of
  1.    nominal rates
  2.    periodic rates
  3.    effective annual rates
  4.    all of the above
 Discuss Question
Answer: Option D. -> all of the above
Answer: (d).all of the above
Question 23. The method of inventory recording gives lower cost of goods sold in the income statement is classified as
  1.    last in first out
  2.    last out receivable
  3.    first out receivable
  4.    first in first out
 Discuss Question
Answer: Option D. -> first in first out
Answer: (d).first in first out
Question 24. The land, buildings, and factory fixed equipment are classified as
  1.    tangible asset
  2.    non-tangible assets
  3.    financial asset
  4.    financial liability
 Discuss Question
Answer: Option A. -> tangible asset
Answer: (a).tangible asset
Question 25. The rate of return that an investment provides its investor is classified as
  1.    investment return rate
  2.    internal rate of return
  3.    international rate of return
  4.    intrinsic rate of return
 Discuss Question
Answer: Option B. -> internal rate of return
Answer: (b).internal rate of return
Question 26. In the situation of bankruptcy, the stock which is recorded above common stock and below debt account is
  1.    debt liabilities
  2.    preferred stock
  3.    hybrid stock
  4.    common liabilities
 Discuss Question
Answer: Option B. -> preferred stock
Answer: (b).preferred stock
Question 27. If security pays $5,000 in 20 years with 7% annual interest rate, the PV of security by using formula is
  1.    1292.10 dollars per year
  2.    1292.10 dollars
  3.    0.00077 dollars per year
  4.    16105.1 dollars per year
 Discuss Question
Answer: Option B. -> 1292.10 dollars
Answer: (b).1292.10 dollars
Question 28. An interest rate which is quoted by brokers, banks and other financial institutions is classified as
  1.    annuity rate
  2.    perpetuity rate
  3.    nominal rate
  4.    external rate of return
 Discuss Question
Answer: Option C. -> nominal rate
Answer: (c).nominal rate
Question 29. A company that sells products to customer without demanding immediate payment but record it in balance sheet as
  1.    account payable
  2.    account receivable
  3.    account equivalent
  4.    account investment
 Discuss Question
Answer: Option B. -> account receivable
Answer: (b).account receivable
Question 30. The nominal rate which is quoted to consumers on the loans is considered as
  1.    annual percentage rate
  2.    annual rate of return
  3.    loan rate of return
  4.    local rate of return
 Discuss Question
Answer: Option A. -> annual percentage rate
Answer: (a).annual percentage rate

Latest Videos

Latest Test Papers