1. A firm buys stock for $100 by cheque and intends to sell it for $200, so the double entry should be a) Debit bank $100 and credit stock $ 100 b) Credit bank $ 200 and debit stock $ 200 c) Debit purchases $100 and credit sales $ 200 d) Debit purchases $ 100 and credit bank $ 100
3 79692. Contingent liabilities should be recorded in the books when; a) It is probable that the future events will occur b) The amount of the liability can be reasonable estimated. c) Both (a) and (b) d) Either (a) or (b)
2 59553. In reviewing Corporate equity on a balance sheet, what effect be included in the description “Total Capital Stock” a) Par value of preferred b) Par value of common c) Paid in Capital excess of par value d) Both (a) and (b)
2 638011. EOQ is the order quantity that========== over our planning horizon a) Minimizes total ordering costs b) Minimizes total carrying costs c) Minimizes total inventory costs d) The required safety stock
9 2601913. The firm has 20,000 common shares authorized, 15,000 shares outstanding, and 3,000 shares of treasury stock. How much common equity shares are issued. a) 2,000 b) 5,000 c) 17,000 d) 18,000
8 1643915. Which statement about ADRs is true? a) An ADR is the receipt for the shares of a foreign based corporation held in U.S bank b) ADRs do not trade on U.S exchange c) ADRs give non U.S investors a way to buy non US company shares in the US market. d) The holder of an ADR is entitled to only the dividends for the security
4 1204816. Eurodollars are best described as =============== a) The new currency of the European Union b) A U.S dollar denominated deposit ….generally in a bank located outside the United States …that is not subject to US banking regulation. c) A currency deposited outside its country of origin d) A foreign..denominated deposit subject to US banking regulations
5 16230Post New FactSet Systems Accounting AllOther Interview Questions
Whenever you exit python, is all memory de-allocated?
what are the tests comes under the type test, what tests comes under routine tests.
How Does The Single Supervisory Mechanism Operate?
How many servlet controllers are used in a Struts Application?
Who invented ms word?
Why banking sector and how you are the right person for it?
Suppose there is a secondary index on 4 non-key fields A,B,C & D. There are 3 select queries :- a) one on basis of A, B, C , D b) Second on basis of A, B, C c) Third on basis of D, C,B, A In which all situations , the above secondary index will be used?
Is ibm db2 open source?
What is a rollup clause?
Is there a sort function in c++?
hi, I m looking for a career in manual web testing. so PLZ anybody who have the practical knowledge of dis field help me. GIVE ME UR MAIL ID so that i can ask regarding some doubts. my MAIL ID is ankurtester819@gmail.com
What are the steps required for setting up validator framework in struts?
How to sort in descending order?
What are some typical functions of Job Tracker?
How does list r; differs from list r();?