Classical

Financial Accounting - Financial Accounting Multiple Choice Questions

41:  

Dividend is Product of

A.

Dividend Policy

B.

Management

C.

Productivity

D.

Plant and Machinery

 
 

Option: A

Explanation :

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42:  

Which type of function may be performed by the finance manager for management of profitability?

A.

Forecasting future Profits

B.

Pricing

C.

Cost control

D.

All of the above

 
 

Option: D

Explanation :

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43:  

Match the following

List-I (Function of Financial Controller)       List-II (Features)
(a) Financial Statement                                  1. Preparation of Balance Sheet
(b) Budget                                                         2. Allocation of Fund
(c) Internal Audit                                               3. Checking of Internal Activities
(d) Administration of Tax                                4. Reduction of Tax Liability
                                                                            5. Salary
 
A.

(a)  (b)  (c)  (d)

  1    2     3    4

B.

(a)  (b)  (c)  (d)

  1    4     3    2

C.

(a)  (b)  (c)  (d)

 3     1    2     4

D.

(a)  (b)  (c)  (d)

  3    4     2    1

 
 

Option: A

Explanation :

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44:  
Match the following·
List-I (Functions of Treasurer)             List-II (Elements)
(a) Cash Management                         1. Cash Reserve Ratio
(b) Credit Management                        2. Average Collection Period
(c) Security                                              3. Safe Custody
(d) Financial Planning                          4. Capital Structure
                                                                  5. Cost
A.

(a)   (b)  (c)  (d)

  1     2     3    4

B.

(a)   (b)  (c)  (d)

  2     3     1     4

C.

(a)   (b)  (c)  (d)

  3      1     4    2

D.

(a)   (b)  (c)  (d)

  1      4    2     3

 
 

Option: A

Explanation :

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45:  

Dividend is given on

A.

Equity Capital

B.

Borrowed (Debenture) Capital

C.

Debt Capital

D.

Bank Loan (long term)

 
 

Option: A

Explanation :

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