Balance Sheet in Finance MCQs Quiz Online PDF Book Download

Balance sheet in finance MCQs, balance sheet in finance quiz answers to learn finance online courses. Learn time value of money multiple choice questions (MCQs), balance sheet in finance quiz questions and answers. Career assessment test on perpetuities formula and calculations, financial statements, cash flow and taxes, balance sheet format, net cash flow, balance sheet in finance test prep for accounting certifications.

Practice time value of money test MCQs: a company purchases goods but does not pay payments to suppliers immediately and record them as, with choices account payable, account receivable, current liabilities, and accumulated liabilities for online degree in accounting and finance. Prepare assessment test for scholarships, learning online balance sheet in finance quiz questions for competitive in business majors for finance certifications.

MCQ on Balance Sheet in FinanceQuiz Book Download

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

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

A

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

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

D

MCQ: Method of inventory recording gives lower cost of goods sold in 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: 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: 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