ACC501 Quiz 1 Solution and Discussion
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In corporate form of business, which of the following is the primary objective of shareholders?
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Mr. A has just recently started a business by investing a capital of Rs. 500,000. He will be the only owner of the business and also enjoy all the profits of the business. Which type of business is being employed by Mr. A?
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Which of the following is the goal of financial management?
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Cash flow from assets can be calculated by using which one of the following expressions?
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Which of the following is disadvantage of sole proprietor business?
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Which of the given is correct?
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Cash flow to the creditors can be calculated by using which one of the following expressions?
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In basic areas of finance, which of the following area/s deals with banks and insurance companies?
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Which of the following is (are) true for making financial management decisions?
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Income is reported when it is earned, even though no cash flow may have occurred is called:
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In which type of business, all owners share in gains and losses and all have unlimited liability for all business debts?
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In which of the following form of business “All Business income is not considered as personal income”?
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Which of the following equation best represents Net Working Capital?
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A portion of profits, which a company distributes among its shareholders, is known as:
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