vu fin621 Final Term - Quiz No.5

vu fin621 Financial Statement Analysis Quiz

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This quiz belongs to book/course code vu fin621 Financial Statement Analysis of vu organization. We have 6 quizzes available related to the book/course Financial Statement Analysis. This quiz has a total of 10 multiple choice questions (MCQs) to prepare and belongs to topic Final Term. NVAEducation wants its users to help them learn in an easy way. For that purpose, you are free to prepare online MCQs and quizzes.

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Question 1: If the estimated amount of depreciation on equipment for a period is Rs.2000, the adjusting entry to record depreciation would be:
Question 2: Which of the following truly represents expenses?
Question 3: Which of the following principle is used for recording revenue?
Question 4: The basic purpose of financial statements is to assist users in evaluating the __________
Question 5: Statement of cash flows helps the investors and other stake holders to assess:
Question 7: Which of the following terms present a cause and effect relationship with each other?
Question 8: Which of the following is true about After closing trial balance?
Question 9: Which one of the following statement shows the effects of cash inflows and outflows?
Question 10: Cash has been described as:


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