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A. Current Ratio
B. Acid-test Ratio
C. Cash Ratio
D. Solvency Ratio
Answer
Answer
B. Acid-test Ratio
Submitted by: Rasool Bux
Which of the following ratios are particularly interesting to short-term creditors?
A. Liquidity Ratios
B. Long-term Solvency Ratios
C. Profitability Ratios
D. Market Value Ratios
Answer
Answer
A. Liquidity Ratios
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In which type of market, new securities are traded?
A. Primary market
B. Secondary market
C. Tertiary market
D. None of the given options
Answer
Answer
A. Primary market
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Which of the following terms refers to the use of debt financing?
A. Operating Leverage
B. Financial Leverage
C. Manufacturing Leverage
D. None of the given options
Answer
Answer
B. Financial Leverage
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Which of the following costs are reported on the income statement as the cost of goods sold?
A. Product cost
B. Period cost
C. Both product cost and period cost
D. Neither product cost nor period cost
Answer
Answer
A. Product cost
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Which of the following refers to the cash flows that result from the firm‟s day-to-day activities of producing and selling?
A. Operating Cash Flows
B. Investing Cash Flows
C. Financing Cash Flows
D. All of the given options
Answer
Answer
A. Operating Cash Flows
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The system by which companies are managed and controlled is known as:
A. Management System
B. Strategic System
C. Corporate Governance
D. Internal System
Answer
Answer
C. Corporate Governance
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All the constituencies with a stake in the fortunes of the company are termed as:
A. Stakeholders
B. Directors
C. Chief executives
D. Subordinates
Answer
Answer
A. Stakeholders
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An individual authorized by another person, called the principle, to act on the latter’s on behalf is known as an/a:
A. Agent
B. Servant
C. Subordinate
D. Assistant
Answer
Answer
A. Agent
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Profit maximization is the maximizing a firm’s Earning:
A. Before Tax
B. After-Tax
C. Both A and B
D. None of Them
Answer
Answer
B. After-Tax
Submitted by: Rasool Bux