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problem1: Which of the following is not one of the three forms of business organization?

[A] Proprietorships

[B] Investors

[C] Corporations

[D] Partnerships 

problem2: Find the following groups uses accounting information to determine whether the company’s net income will result in a stock price increase?

[A] Creditors

[B] Chief Financial Officer

[C] Investors in common stock

[D] Marketing managers 

problem3: The liability created by a business when it buy coffee beans and coffee cups on credit from suppliers is termed a(n)

[A] Revenue

[B] Expense

[C] Account payable

[D] Account receivable

problem4: The statement of cash flows would disclose the payment of a dividend

[A] In the investing activities section

[B] In the financing activities section

[C] Nowhere on the statement

[D] In the operating activities section 

problem5: Which of the following groups uses accounting information to determine whether the company can pay its obligations?

[A] Creditors

[B] Chief Financial Officer

[C] Investors in common stock

[D] Marketing managers 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M920357

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