MCQs, Just required correct answers. 1- If the prepaid expenses of the company has increased by 25% as compared to previous year. It was because the company has taken __________________ financial management decision. a. Investment Decision b. Assets Management Decision c. Financing Decision d. Both (a) and (c)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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MCQs, Just required correct answers.

1- If the prepaid expenses of the company has increased by 25% as compared to previous year. It was because the company has taken __________________ financial management decision.
a. Investment Decision
b. Assets Management Decision
c. Financing Decision
d. Both (a) and (c)


2-  Which of the following is NOT considered as a characteristic of preferred stock?
a. Fix dividend
b. Owners of the business
c. No voting right
d. Residual claim


3- Which of the following DOES NOT belong to a private limited company?
a. Articles of Association
b. Memorandum of Association
c. Certificate of incorporation
d. Certificate of commencement of business 


4- Which of the following is NOT the characteristic of Over the Counter Markets?
a. Network of dealers’
b. No physical Existence
c. Regulated Under SECP
d. Unlisted Securities

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