Financial Management Balance Sheets Multiple Choice Questions (MCQ) PDF Download

MCQ 1: The proceeds of the company shares of sold stock is recorded in

1. preferred stock account
2. common stock account
3. due stock account
4. preceded stock account

MCQ 2: The stockholders that do not get benefits even if the company's earnings grow are classified as

1. preferred stockholders
2. common stockholders
3. hybrid stockholders
4. debt holders

MCQ 3: The securities with less predictable prices and have longer maturity time is considered as

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

MCQ 4: A method of inventory recording which produces high inventories in balance sheet is classified as

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

MCQ 5: A company that sells products to customer without demanding immediate payment but record it in balance sheet as

1. account payable
2. account receivable
3. account equivalent
4. account investment