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/wEPDw UKMTY UKMTY2 /wEW CgLLppLN
BC120201206 : Sayyed Muhammad Aftab Murtaza Zaidi
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Quiz Start Time: 03:32 PM Total Marks: 1
Question # 1 of 20 ( Start time: 03:32:15 PM )
Decisions about “how to raise money” and “what to do with it” are part of which of the following? Select correct option: Business Finan ce
Change management management
Costing for accounting
All of the given options
Click here to Save Answer & Move to Next Question The difference between current assets and current liabilities is known as: Select correct option: Surplus Asset
Short-term Ratio
Working Capital
Current Ratio
Click here to Save Answer & Move to Next Question Head of Treasury department reports to whom? Select correct option: Financial and cost Accountant
Chief of fin ancial officer
Cash and credit manager
Board of directors
Click here to Save Answer & Move to Next Question Which of the given statement is correct? Select correct option: Less income will be available for taxation due to debt finan
More income will be available for taxation due to debt fina
There will be no effect on taxable income due to debt fina
None of the given options
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Period costs include which of the following? Select correct option: Selling expense
Raw material
Direct labor
Manufacturing overhead
Click here to Save Answer & Move to Next Question Which of the following area of finance deals with stocks and b onds? Select correct option: Financial institutions
International finance
Investments
All of the given options
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In which of the given business form, business income is taxed twice? Select correct option: Corporate f orm
Partnership
Sole proprietorship
None of the given options
Click here to Save Answer & Move to Next Question Cash flow from assets involves which of the following component(s)? Select correct option: Operating cash flow
Capital spending
Change in n et working capital
All of the given options
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Cash flow from assets involves which of the following component(s)? Select correct option: Operating cash flow
Capital spending
Change in n et working capital
All of the given options
Click here to Save Answer & Move to Next Question Mr. Y and Mr. Z are planning to share their capital to run a business. They are going to employ which of the following type of business? Select correct option: Sole-proprietorship
Partnership
Corporation
None of the given options
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Finance is vital for which of the following business activity (activities)? Select correct option: Marketing Research
Product Pricing
Design of marketing and distribution channels
All of the given options
Click here to Save Answer & Move to Next Question Balance Sheet is based upon which of the following formula? Select correct option: Assets = Liabilities – Stockholder’s equity
Assets + Liabilities = Stockholder’s equity
Assets + Stockholder’s equity = Liabilities
Assets = Liabilities + Stockholder’s equity
Click here to Save Answer & Move to Next Question Which of the following form of b usiness organization is least regulated? Select correct option: Sole-proprietorship
General Partnership
Limited Partnership
Corporation
Click here to Save Answer & Move to Next Question Which of the following is subcategory (ies) of finance department? Select correct option: Accounting department on ly
Treasury department only
Accounting department and Treasury department
None of the given options
Click here to Save Answer & Move to Next Question In which type of market, used securities are traded? Select correct option: Primary market
Secondary market
Tertiary market
None of the given options
Click here to Save Answer & Move to Next Question Which of the following refers to a conflict of interest between principal and agent? Select correct option: Management Conflict
Interest Conflict
Agency Problem
None of the given options
Click here to Save Answer & Move to Next Question Which of the following is the amount o f cash we would get if we actually sell an asset? Select correct option: Market Value
Book Value
Intrinsic Value
None of the given options
Click here to Save Answer & Move to Next Question Which of the following is the acronym for GAAP? Select correct option: Generally Applied Accountability Principles
General Accounting Assessment Principles
Generally Accepted Accounting Principles
General Accepted Assessment Principles
Click here to Save Answer & Move to Next Question Who of the following make a broader use of accounting information? Select correct option: Accountants
Financial Analysts
Auditors
Marketers
Click here to Save Answer & Move to Next Question Which of the following issue is NOT covered by “Investment” area of finance? Select correct option: Best mixture of financial investment