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Financial Management Certification Exam Tests


Financial Management Practice Test 18

Financial Statements Cash Flow and Taxes MCQ Questions PDF - 18

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Financial Management: Financial Statements Cash Flow & Taxes MCQ Quiz PDF Download

MCQ: The purchase cost of assets over its useful life is classified as

A) appreciation
B) depreciation
C) appreciated assets
D) appreciated liabilities

MCQ: If the future return on common stock is 14% and the rate on T-bonds is 5% then the current market risk premium will be

A) 0.19
B) 0.09
C) 9
D) 19

MCQ: The difference between actual return on stock and the predicted return is considered as

A) probability error
B) actual error
C) prediction error
D) random error

MCQ: The process of calculating future value of money from the present value is classified as

A) compounding
B) discounting
C) money value
D) stock value

MCQ: The type of basic financial statements consist of

A) balance sheet and income statement
B) statement of retained earnings
C) statement of cash flows
D) all of the above

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