An annuity for an infinite time period is____
A. Annuity
B. Capital recovery factors
C. Perpetuity
D. Irredeemable
Inflation, changes the interest ratios, and changes the economic conditions affect all farms and all industries. These factors are part of _____
A. International risk
B. Project risk
C. Industry risk
D. Market risk
Capital intensive industries with longer manufacturing processes will have ______ requirements of working capital.
A. Higher
B. Moderate
C. Power
D. Extremely low
IRR is also called_____
A. Yield on investment
B. Managerial efficiency of capital
C. The marginal productivity of capital
D. All of these
The effect of capitalization is_______ and of Un capitalization is ______ divided rates.
A. Fall, rise
B. Rise , fall
C. Rise ,constant
D. Constant, rise
Salaries paid to partners is an:
A. Appropriation of profit among partners
B. Income of partnership firm
C. Expense of partnership firm
D. None of these
What standards are used to prepared financial statements by most of countries and companies?
A. International financial reporting standards
B. International financial accounting standards
C. International accounting & auditing standards
D. International risk reporting standards
Which from the following is not a current asset?
A. Patent rights
B. Inventory
C. Cash
D. Trade receivables
The accounting process of allocation cost of intangible assets is called ____
A. Amortization
B. Depletion
C. Going concern
D. Residual value
The expected disposal value of the asset (after deducting disposal costs) at the end of its expected useful life is called________
A. Residual value
B. Net book value
C. Depreciation
D. Substance over form