Balance Sheet in Finance MCQs & Quiz Online PDF Download

Balance sheet in finance MCQs, balance sheet in finance quiz answers pdf to study online finance degree course. Learn time value of money Multiple Choice Questions and Answers (MCQs), "balance sheet in finance" quiz questions and answers for online business and administration degree. Learn financial statements, cash flow and taxes, balance sheet format, net cash flow test prep for online business university.

"A company purchases goods but does not pay payments to the suppliers immediately and record them as" Multiple Choice Questions (MCQ) on balance sheet in finance with choices account payable, account receivable, current liabilities, and accumulated liabilities for online business and administration degree. Practice merit scholarships assessment test, online learning balance sheet in finance quiz questions for competitive in business majors for online business administration degree.

MCQs on Balance Sheet in Finance PDF Download

MCQ: A company purchases goods but does not pay payments to the suppliers immediately and record them as

  1. account payable
  2. account receivable
  3. current liabilities
  4. accumulated liabilities

A

MCQ: In the balance sheet, the sum of retained earnings and common stock are considered as

  1. preferred equity
  2. due equity
  3. common perpetuity
  4. common equity

D

MCQ: The method of inventory recording gives lower cost of goods sold in the income statement is classified as

  1. last in first out
  2. last out receivable
  3. first out receivable
  4. first in first out

D

MCQ: The financial securities that can be converted into cash at closing to their book value price are classified as

  1. inventories
  2. short-term investments
  3. cash equivalents
  4. long-term investments

C

MCQ: The earnings that are not paid as dividends to stockholders and have cumulative amount are classified as

  1. non-paid earnings
  2. common earnings
  3. retained earnings
  4. preferred earnings

C