Management Accounting - Vertical Statement
Authored by Vinaya Marathe
Business
KG - 5th Grade
Used 3+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The sources of finance can be broadly classified into two categories - Debt and __________
Loans
Sale of old assets
Investments
Equity
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A Debenture is a kind of _______ instrument
Debit
Debt
Ownership
Asset
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Retained earnings belongs to ____________
Preference shareholders
Equity shareholders
Lenders
Borrowers
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following funds are long term sources of funds ?
Bank Overdraft
Creditors
Term Loans
Public Deposits
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following forms an item of current assets ?
Loans given
Loans taken
Bank overdraft
Machinery
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Loan Funds consists of ___________
Working Capital + Loans
Bank Loan + Preliminary expenses
Shareholder's equity + Reserves and Surplus
Term Loan + Debentures
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Debtors is an element of ______________
Current Asset
Current Liabilities
Debt
CRR
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