Accounting mcq questions

• [DOC File]Objective Questions and Answers of Financial Management

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  2. Multiple Choice Questions: 1. Accounting Ratios are important tools used by (a) Managers, (b) Researchers,(c)Investors, (d) All of the above. 2. Net Profit Ratio Signifies:(a) Operational Profitability, (b) Liquidity Position,(c) Big-term Solvency,(d)Profit for Lenders. 3. Working Capital Turnover measures the relationship of Working Capital ...

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• [DOC File]Multiple-Choice Questions - CPA Diary

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  Multiple-Choice Questions. 1. easy. b Receipt of ordered materials by the receiving department will generate the completion of a form called the: a. bill of lading. b. receiving report. c. materials requisition. d. inventory acquisition summary. 2. easy. c The audit of _____ is often the most difficult and complex part of an audit.

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• [DOC File]Questions & Answers for mid-term examination

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  Accounting for the cost of systems and managing demands for systems: Given the large number of different types of systems in a firm, and the large number of people involved with using them. It is a complex task to understand which systems are truly necessary and productive with high returns on investment.

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• [DOC File]Practice Multiple Choice Questions for Payroll, Sales and ...

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  Practice Multiple Choice Questions for Payroll, Sales and Collections, Acquisitions and Payment Processes. The internal auditor is reviewing shipping procedures of a manufacturing company. The auditor should be greatly concerned when ... Which of the following is an effective internal accounting control over accounts receivable?

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• [DOC File]Multiple-Choice Questions - CPA Diary

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  Multiple-Choice Questions. 1. The objective of the ordinary audit of financial statements is the expression of an opinion on: easy a. the fairness of the financial statements. a b. the accuracy of the financial statements. c. the accuracy of the annual report. d. the balance sheet and income statement. 2.

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• [DOC File]Multiple Choice Questions

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  Accounting rate of return. 16. The following statements about the drawbacks of the accounting rate of return (ARR) were made at a recent meeting: 1. ARR is based on accounting profits and not cash flows, and can change because profits are subject to different possible treatments. 2.

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• [DOC File]UNIT:1 MULTIPLE CHOICE

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  MULTIPLE CHOICE QUESTIONS: 1. under companies act. 202 financial statement of companies can be prepared in. a) horizontal form b) vertical form c) any form at discretion of company. 2. under companies act. 2013, the following income statement is prepared. a) trading and profit & loss account b) profit & loss and profit & loss appropriation A/c

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• [DOC File]Multiple Choice Questions

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  Word processor and accounting software. Students record system and database software. Insurance processing and spreadsheet software. The best answer to this item is “spreadsheet and database software”, so answer space (A) has been shaded. ... Multiple Choice Questions ...

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• [DOC File]MULTIPLE CHOICE QUESTIONS - IIBF

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  MULTIPLE CHOICE QUESTIONS . Exports and Imports come under the purview of : Ministry of Finance. Ministry of Commerce. Ministry of External Affairs ... Reconciliation and Accounting Section, (2)Dealing Section and (3) Risk Management, Accounting Policies and MIS section which are also known as:

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• [DOC File]CARDIOLOGY MCQ QUESTIONS

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  CARDIOLOGY MCQ QUESTIONS. 4. 20 y/o healthy athlete cardiac arrest playing sport. Most likely cause? ANSWER A HOCM. UTD • In a registry of sudden death in 286 competitive athletes under age 35 in whom cardiovascular disease was shown to be the cause at autopsy, the most common underlying disorders were hypertrophic cardiomyopathy (36 percent, with another 10 percent being possible HCM), an ...

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• [DOC File]Multiple-Choice Questions - CPA Diary

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  Some relate to accounting only indirectly, such as environmental protection and civil rights laws. Others are closely related to accounting, such as income tax regulations and fraud. The auditor is primarily concerned with the objective of reliable financial reporting. ... Multiple-Choice Questions ...

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• [DOC File]Governmental and Nonprofit Accounting: Theory and Practice ...

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  A) The Financial Accounting Standards Board (FASB). B) The Governmental Accounting Standards Board (GASB). C) The Government Accountability Office (GAO). D) All of the above. E) Items A and B only. F) Items B and C only. Answer: E. 4) The governmental GAAP hierarchy was established by. A) The Governmental Accounting Standards Board (GASB).

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• [DOC File]Multiple Choice Questions

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  Financial accounting is concerned with providing information about the historical results of past plans and decisions. A 1 and 2 only. B 1 and 3 only. C 2 and 3 only. ... Chapter 2 Financial Management Environment Multiple Choice Questions. I. Macroeconomic targets and government policies. 1. The following statements have been made about inflation:

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• [DOC File]Answers to Chapters 1,2,3,4,5,6,7,8,9 - End of Chapter ...

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  M 11 True IT Tools for IS Development E 12 A The Big IS Development Questions. E 13 D The Big IS Development Questions. E 14 C The Big IS Development Questions. E 15 B The Big IS Development Questions. E 16 The stages of the Life cycle are: 1. Pre Inception: the stage in which the organization promotes or inhibits ideas for on Information ...

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