Classical

Financial Accounting - Financial Accounting Multiple Choice Questions

31:  

If the company announces dividend then it is necessary to pay it

A.

Within certain time

B.

Within seven years

C.

Within six years

D.

Within five years

 
 

Option: A

Explanation :

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32:  

Dividend is the portion of

A.

Current Assets of the company

B.

Debt

C.

Assets of the company

D.

Profit

 
 

Option: D

Explanation :

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33:  
Match the following
List-I (Subject)                                           List-II (Area)
(a) Financial Accounting                    1. Entries in the Journal
(b) Financial Management                2. Cost of Capital
(c) Management                                  3. Planning
(d) Marketing Management               4. Market Research
                                                                5. Cost
 
 
A.

(a)  (b)  (c)  (d)

 1     2     4     3

B.

(a)  (b)  (c)  (d)

 1     2     3    4

C.

(a)  (b)  (c)  (d)

 3     1     2     4 

D.

(a)  (b)  (c)  (d)

 3     1     5     2

 
 

Option: B

Explanation :

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34:  

Dividend is allocated to the shareholders of

A.

The Company

B.

The Creditors

C.

The Customer

D.

The Debtors

 
 

Option: A

Explanation :

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35:  

Which is the function of finance as per John J. Hampton ?

A.

Liquidity function

B.

Managing assets

C.

Managing funds

D.

All of the above

 
 

Option: D

Explanation :

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