Accounting MCQs

1590 MCQs  (Page 58 of 159)

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Current assets are subtracted from current liabilities to calculate: ____________?
A. Opportunity cost of capital
B. Working capital
C. Total long term assets
D. Weighted average cost of capital
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An operating income is divided by the revenues to calculate ______________?
A. Residual income
B. Return on after-tax operating income
C. Return on sales
D. Return on investment
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If the operating income is $5650000 and the revenue is $68558000, then the return on sales will be ___________?
A. 8.24%
B. 7.24%
C. 9.24%
D. 10.24%
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If the required rate of return is 13%, operating income is $375000 and the total investment is $2650000, then the residual income would be ____________?
A. $30,500
B. $20,500
C. $25,500
D. $32,500
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The system in an organization, which defines behavior standards and code of conduct is known as ___________?
A. Interactive control system
B. Belief system
C. Boundary system
D. Diagnostic control system
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The return on investment is also known as _____________?
A. Accrual accounting rate of return
B. Accounting rate of return
C. Nominal rate of return
D. Both a and b
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The return on sales is multiplied to investment turnover to calculate ___________?
A. Residual income
B. Return on investment
C. Return on sales
D. Investment turnover
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The sum of working capital and current liabilities is equal to _____________?
A. Imputed assets
B. Residual assets
C. Current assets
D. Nominal assets
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If after-tax operating income is $185000, weighted average cost of capital is 11%, total assets are $485000 and total liabilities are $367000, then economic value added would be __________?
A. $142,020
B. $172,020
C. $162,020
D. $152,020
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The measures that analyze the performance of a company, such as residual income, economic value added and customer satisfaction are collectively called ____________?
A. Interactive control systems
B. Belief systems
C. Boundary systems
D. Diagnostic control systems
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Word of the Day
17 Jul
Flagrant
(of an action considered wrong or immoral) conspicuously or obviously offensive.
انتہائی برا، قابل مذمت، فاش

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