FA4 - Week 1 : Briefing
Authored by Aina Farhana
Business
Professional Development
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a classification of a company?
Corporation
Limited liability partnership
Public limited company
Sole proprietorship
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term used for the issuance of shares at a price higher than their face value?
At par
Premium
Right issue
Discount
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the Statement of Cash Flow?
To show the company's profit or loss
To report the company's financial position
To disclose the company's cash inflows and outflows
To list the company's long-term liabilities
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which act governs the financial reporting requirements for companies in Malaysia?
Bursa Malaysia Requirements
Financial Reporting Act 1997
Companies Act 2016
Annual Report Act
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula for calculating owner's equity?
Assets - Liabilities
Assets + Liabilities
Assets / Liabilities
Assets * Liabilities
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the reference book recommended for Company and Group Financial Reporting?
Baz Luhrmann
Trust yourself that you can do it and get it
Lazar, J. and Huang C. C. (2019) Malaysia Financial Reporting Standards, Revised 3rd edition. Kuala Lumpur: McGraw Hill (Malaysia)
Lazar, J. and Tan, L.L. (2019) Company and Group Financial Reporting, Revised 7th edition. Selangor: Pearson
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is your Lead Lecturer name?
Aina Farahana Suhaimi
Aina Farhana Suhaimi
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