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Total Questions : 90 | Page 8 of 9 pages
Question 71. The total amount of depreciation charged on the long term assets is classified as
  1.    accumulated depreciation
  2.    depleted depreciation
  3.    accumulated appreciation
  4.    accumulated appreciation schedule
 Discuss Question
Answer: Option A. -> accumulated depreciation
Answer: (a).accumulated depreciation
Question 72. In calculation of time, value of money, the ''N ''represents
  1.    number of payment periods
  2.    number of investment
  3.    number of installments
  4.    number of premium received
 Discuss Question
Answer: Option A. -> number of payment periods
Answer: (a).number of payment periods
Question 73. If the deposited money $10,000 in bank pays interest 10% annually, an amount after five years will be
  1.    16105.1 dollars
  2.    0.01610 dollar per day
  3.    16105.1 dollars per year
  4.    16105.1 dollars per quarter
 Discuss Question
Answer: Option A. -> 16105.1 dollars
Answer: (a).16105.1 dollars
Question 74. The student loans, mortgages and car loans are the examples of
  1.    lump sum amount
  2.    deferred annuity
  3.    annuity due
  4.    payment fixed series
 Discuss Question
Answer: Option B. -> deferred annuity
Answer: (b).deferred annuity
Question 75. The rate which is divided by compounding periods to calculate periodic rate must be
  1.    annuity return
  2.    deferred annuity return
  3.    nominal rate
  4.    semiannual discount rate
 Discuss Question
Answer: Option C. -> nominal rate
Answer: (c).nominal rate
Question 76. If the common shares outstanding are 50,000,000 and book value per share is $19.92 then the total common equity will be
  1.    996000000
  2.    995000000
  3.    992000000
  4.    991000000
 Discuss Question
Answer: Option A. -> 996000000
Answer: (a).996000000
Question 77. An income available for shareholders after deducting expenses and taxes from revenues is classified as
  1.    net income
  2.    net earnings
  3.    net expenses
  4.    net revenues
 Discuss Question
Answer: Option A. -> net income
Answer: (a).net income
Question 78. The security present value is $100 and the future value is $150 after 10 years and value of 'I = interest rate' will be
  1.    0.0414
  2.    0.00586
  3.    0.0069
  4.    0.0079
 Discuss Question
Answer: Option A. -> 0.0414
Answer: (a).0.0414
Question 79. The noncash revenues and noncash charges if it subtracted from net income is equal to
  1.    free cash flow
  2.    retained cash flow
  3.    net cash flow
  4.    financing cash flow
 Discuss Question
Answer: Option C. -> net cash flow
Answer: (c).net cash flow
Question 80. An information uses by the investors for expecting future earnings is all recorded in
  1.    five years report
  2.    annual report
  3.    stock report
  4.    exchange report
 Discuss Question
Answer: Option B. -> annual report
Answer: (b).annual report

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