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Analysis of Financial Statements Practice Test: Financial Statement of Corporate Organizations
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Analysis of Financial Statements Practice Test: Financial Statement of Corporate Organizations
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25 Questions

1. Which of the following is measured by profit margin?
2. The focal point of financial management in a firm is:
3. Which of the following is not required to be prepared under the Companies Act?
4. Who of the following make a broader use of accounting information?
5. Which statement shows the flow of cash and cash equivalents during the financial period?
6. The conflict of interest between stockholders and management is known as:
7. Which of the following options is not recorded in the Balance sheet?
8. Subtracting all expenses from revenues yields?
9. The finance manager is accountable for.
10. Which of the following refers to the difference between the sale price and cost of inventory?
11. Balance Sheet is based upon which of the following formula?
12. Which of the following statement is considered as the accountant’s snapshot of firm’s accounting value as of a particular date?
13. Calls in Arrears appear in a Company’s Balance Sheet under ………………..
14. Funds are required for the..........
15. Finance Function comprises
16. Business finance refers to ...... and ........ employed in a business.
17. The term ‘Financial Statement’ covers
18. Business finances is concerned with _________ funds and _______ funds from different sources.
19. Which from the following is NOT an example of intangible assets?
20. According to prescribed order of assets in a Company’s Balance Sheet ……………………… assets should be shown first of all.
21. Finance is vital for which of the following business activity (activities)?
22. As per Companies Act, the Balance Sheet of a company is required to be presented in ………………………
23. Calls in advance appear in a Company’s Balance Sheet under ………………..
24. Business finance includes........
25. Which of the given area is NOT addressed by Business Finance?

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