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Financial Management MCQs – Practice Test 1 (Chapter 11)

Time Value of Money MCQs with Answers PDF Download – Test 1

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Time Value of Money MCQs – Practice Test 1 PDF Download

MCQ 1: An annual estimated costs of assets uses up every year are included:

  1. depreciation and amortization
  2. net sales
  3. net profit
  4. net income

MCQ 2: The proceeds of the company shares of sold stock is recorded in:

  1. preferred stock account
  2. common stock account
  3. due stock account
  4. preceded stock account

MCQ 3: The statement of cash flows are included:

  1. operating activities
  2. investing activities
  3. financing activities
  4. all of above

MCQ 4: A company purchases goods but does not pay payments to the suppliers immediately and record them as:

  1. account payable
  2. account receivable
  3. current liabilities
  4. accumulated liabilities

MCQ 5: In calculation of net cash flow, the depreciation and amortization are treated as:

  1. current liabilities
  2. income expenses
  3. non-cash revenues
  4. non-cash charges

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