Financial Statements, Cash Flow and Taxes MCQs Quiz Online PDF Download

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Financial management practice test MCQ on purchase cost of assets over its useful life is classified as with options appreciation , depreciation , appreciated assets and appreciated liabilities problem solving skills for viva, competitive exam prep, interview questions with answer key. Free study guide is for online learning financial statements, cash flow and taxes quiz with MCQs to practice test questions with answers.

MCQs on Financial Statements, Cash Flow and Taxes Quiz PDF Download

MCQ. Purchase cost of assets over its useful life is classified as

  1. appreciation
  2. depreciation
  3. appreciated assets
  4. appreciated liabilities

B

MCQ. Type of basic financial statements consist of

  1. balance sheet and income statement
  2. statement of retained earning
  3. statement of cash flows
  4. all of the above

D

MCQ. Land, buildings, and factory fixed equipment are classified as

  1. tangible asset
  2. non-tangible assets
  3. financial asset
  4. financial liability

A