201. Purchase cost of assets over its useful life is classified as_________?
A. Appreciation
B. Depreciation
C. Appreciated assets
D. Appreciated liabilities

202. Securities with less predictable prices and have longer maturity time is considered as_______________?
A. Cash equivalents
B. Long-term investments
C. Inventories
D. Short-term investments

203. An information uses by investors for expecting future earnings is all recorded in__________?
A. Five years report
B. Annual report
C. Stock report
D. Exchange report

204. Rate of return that an investment provides its investor is classified as__________?
A. Investment return rate
B. Internal rate of return
C. International rate of return
D. Intrinsic rate of return

205. 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

206. 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

207. 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

208. Land, buildings, and factory fixed equipment are classified as____________?
A. Tangible asset
B. Non-tangible assets
C. Financial asset
D. Financial liability

209. 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

210. Intangible assets such as copyrights, trademarks and patents are applicable for____________?
A. Depreciation
B. Amortization
C. Stock amortization
D. Perishable assets

NOTE
IF YOU THINK ANY OF THE MCQ ABOVE IS WRONG.
PLEASE COMMENT WITH CORRECT ANSWER AND ITS DETAIL EXPLANATION IN COMMENT BOX.
THANK YOU

This Post Has One Comment

  1. graliontorile

    Hello there, You have performed a great job. I’ll definitely digg it and in my opinion suggest to my friends. I’m sure they’ll be benefited from this website.

Leave a Reply