Top 250+ Solved Analysis of Financial Statements MCQ Questions Answer

From 76 to 90 of 208

Q. Which from the following is NOT an example of intangible assets?

a. trademarks

b. patents

c. buildings

d. technical expertise

  • c. buildings

Q. The following are the examples of financial assets except?

a. stocks

b. bank loan

c. bond

d. raw material

  • d. raw material

Q. Business finance refers to ...... and ........ employed in a business.

a. money

b. credit

c. both a & b

d. none of the above

  • c. both a & b

Q. Business finances is concerned with _________ funds and _______ funds from different sources.

a. estimation of funds

b. raising of funds

c. short term finance

d. both a & b

  • d. both a & b

Q. Which of the following is not a function of finance manager?

a. mobilization of funds

b. deployment of funds

c. control over use of funds

d. manipulate share price of the company

  • d. manipulate share price of the company

Q. Which is the following main decision taken by the financial manager in a company?

a. income decision

b. financing decision

c. appraisal decision

d. budget decision

  • b. financing decision

Q. Finance Function comprises

a. safe custody of funds only

b. expenditure of funds only

c. procurement of finance only

d. procurement & effective use of funds

  • d. procurement & effective use of funds

Q. The finance manager is accountable for.

a. earning capital assets of the company

b. effective management of a fund

c. arrangement of financial resources

d. proper utilization of funds

  • c. arrangement of financial resources

Q. The focal point of financial management in a firm is:

a. the number and types of products or services provided by the firm.

b. the minimization of the amount of taxes paid by the firm.

c. the creation of value for shareholders.

d. the dollars profits earned by the firm.

  • c. the creation of value for shareholders.

Q. The term financial statement refers to…

a. income statement

b. cash flow and fund flow

c. balance sheet

d. all

  • d. all

Q. Which of the following is the main objective of a financial statement?

a. to know the solvency

b. to know the debt capacity

c. to know the earning capacity

d. all

  • d. all

Q. In financial statements, the fixed assets are shown at …

a. market price

b. cost price

c. replacement price

d. none

  • a. market price

Q. What is followed while preparing the financial statements?

a. accounting conventions

b. accounting principles

c. accounting concepts

d. all

  • d. all

Q. In financial statement the stock is valued at cost or market price whichever is less on the basis of…

a. accounting concepts

b. accounting conventions

c. accounting principles

d. none

  • b. accounting conventions

Q. The balance sheet shows …

a. the source of working capital

b. the change in working capital

c. both

d. none

  • d. none
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