651. Who of the following make a broader use of accounting information?
A.Accountants
B.Financial Analysts
C.Auditors
D.Marketers

652. Which of the following refers to the difference between the sale price and cost of inventory?
A.Net loss
B.Net Worth
C.Markup
D.Markdown

653. If you have Rs. 850 and you plan to save it for 4 years with an interest rate of 10%, what will be the future value of your savings?
A.Rs. 1,000
B.Rs. 1,244
C.Rs. 1,331
D.Rs. 1,464

654. Cash flow from assets involves which of the following component(s)?
A.Operating cash flow
B.Capital spending
C.Change in net working capital
D.All

655. Financial policy is evaluated by which of the following?
A.Profit Margin
B.Total Assets Turnover
C.Debt-equity ratio
D.None

656. Product costs include which of the following?
A.Selling expenses
B.General expenses
C.Manufacturing overhead
D.Administrative expenses

657. Period costs include which of the following?
A.Selling expense
B.Raw material
C.Direct labor
D.Manufacturing overhead

658. A major facet of financial management involves providing the financing necessary to support:
A.Liabilities
B.Debts
C.Loans
D.Assets

659. The Board of Directors sets company-wide policy and advices the CEO and other senior executies, who manage the company’s:
A.Managerial activities
B.Year-to-Year activities
C.Day-to-Day activities
D.Financial activities

660. A company having a current ratio of 1 will have __________ net working capital.
A.Positive
B.Negative
C.zero
D.None

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

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