Finance Mcqs

An annual estimated cost of assets uses up every year is included__________?

(A) Depreciation and amortization

(B) Net sales

(C) Net profit

(D) Net income

Submitted By: Ali Uppal


In time value of money, nominal rate is_______________?

(A) Not shown on timeline

(B) Shown on timeline

(C) Multiplied on timeline

(D) Divided on timeline

Submitted By: Ali Uppal


Proceeds of company shares of sold stock is recorded in___________?

(A) Preferred stock account

(B) Common stock account

(C) Due stock account

(D) Preceded stock account

Submitted By: Ali Uppal


Submitted By: Ali Uppal


Intangible assets such as copyrights, trademarks and patents are applicable for____________?

(A) Depreciation

(B) Amortization

(C) Stock amortization

(D) Perishable assets

Submitted By: Ali Uppal


An interest rate which is paid by money borrower and charged by lender is considered as_____________?

(A) Annual rate

(B) Periodic rate

(C) Perpetuity rate of return

(D) Annuity rate of return

Submitted By: Ali Uppal


Land, buildings, and factory fixed equipment are classified as____________?

(A) Tangible asset

(B) Non-tangible assets

(C) Financial asset

(D) Financial liability

Submitted By: Ali Uppal


Non cash revenues and non cash charges if it subtracted from net income is equal to___________?

(A) Free cash flow

(B) Retained cash flow

(C) Net cash flow

(D) Financing cash flow

Submitted By: Ali Uppal


Method of inventory recording gives lower cost of goods sold in income statement is classified as______________?

(A) Last in first out

(B) Last out receivable

(C) First out receivable

(D) First in first out

Submitted By: Ali Uppal


In calculation of net cash flow, deferred tax payments are classified as______________?

(A) Non-cash revenues

(B) Non-cash charges

(C) Current liabilities

(D) Income expense

Submitted By: Ali Uppal