If a company revaluates its fixed assets, the current ratio of the company will:

A. Improve if assets are revalued upward
B. Remain unaffected
C. Improve if assets are revalued downwards
D. Undergo change only if liabilities are remaining constant

An Asset is __________?

A. Sources of funds
B. Use of funds
C. Inflow of funds
D. None of these

The effect of purchasing power or inflation on present value is important because _________?

A. It increases the real value of cash flows received in the future
B. It reduces the real value of cash flows received in the future
C. It has no effect on real value of cash flow received in the future
D. None of these

The formula to calculate the present value of a single cash flow is given by:

A. Cf1 / (1+r)n
B. C2 / (1+r)
C. C0 + c (1+r)n
D. None of these

Who is the father of Internet ?

A. Chares babbage
B. Vint cerf
C. Denis riche
D. Martin cooper

Choose from the following a symptom which is not relating to “Over Trading”?

A. Cash shortage
B. Low inventory turnover ratio
C. Low current ratio
D. High inventory turnover ratio

The Yield to Maturity of a bond is the same as_____________?

A. The present value of the bond
B. The bonds internal rate of return
C. The future value of the bond
D. None of these

Who of the following make a broader use of accounting information?

A. Accountants
B. Financial analysts
C. Auditors
D. Marketers

Which of the following refers to the difference between the sale price and cost of inventory?

A. Net loss
B. Net worth
C. Markup
D. Markdown

In case of international business which of the given factor(s) must be considered?

A. Role of foreign exchange
B. Balance of payments
C. Attitude of governments
D. All of the given options