Accounting Principles and Concepts Review | Business Technology and Finance | Học viện Tài chính

1, Which one is a disadvantage of going public? A. Dilution of control.
B. Access to a large source of finance.
C. Improves the standing of the company.
D. Higher marketability of shares
2, Lan is a new accountant of Company X. Her duty is to ensure that resources are
properly controlled. Lan is working in:
A. Recording financial transaction section.
B. Management accounting section.
C. Financial reporting section. D. Treasury management.
3, Centralized finance function is:
A. helpful with internal reporting.
B. problematic for multinational corporations.
C. useful in supporting local operational management.
D. that there are local finance departments which provide financial information for local managers.
4, Analysis of payroll costs is the business partnering of finance function and: A. IT function. B. R&D function. C. Procurement function. D. HR function.
5, The bank borrows the customer's deposits and undertakes to repay them. This is the relationship of: A. Receivable and payable. B. Bailor and bailee. C. Principal and agent. D. Mortgagor and mortgagee
6, The quantity of the service or product produced in relation to the resources put in is: A. Profitability.) B. Productivity. C. Activity. D. Economy 7, Efficiency is: A. containment of cost.
B. achieving the objectives of the business.
C. controlling costs without losing operational effectiveness./
D. those product features that are particularly valued by a group of customers.
8, The process where by an institution or group of institutions will undertake to
purchase any securities not subscribed for by the public in exchange for a fixed fee is:
A. Offer for sale by tender) B. Share issues. C. Underwriting. D. Going public 9, Secondary bank is: A. Retail bank. B. Commercial bank. C. Clearing bank. D. Merchant bank.
10, Moody plc is reviewing its internal control system. Its control activities should be directed at controlling:
A. Threats to its operations. B. Its operations.
C. Threats to achievement of its objectives.
D. Achievement of its objectives.
11, Nam is an accountant for Company X, which is considering a substantial new
project. Nam has been asked to assist in determining whether it should be
financed by retained earnings, equity, loans or a mix of all sources. It would
appear that Nam is employed by:
A. Transaction recording section.
B. Treasury management section.
C. Financial reporting section.
D. Management accounting section
12, The measure of number of invoices recorded per hour of employee time is: A. Productivity. B. Activity. C. Profitability. D. Economy.
13, Ms. Thu's duties involve maintaining the sales ledger, and providing
information to the credit control department. Ms. Thu is employed by finance function's:
A. Financial reporting section.
B. Treasury management section.
C. Management accounting section.
D. Financial transaction recording section.
14, Medium term needs is to pay for: A. wages. B. inventory. C. daily expenses. D. PP&E.
15, Due to the risks taken by capital providers A. s
hort - term finance is cheaper than long - term finance B. equity is cheaper than debt
C. external finance is cheaper than internal finance
D. share issue is cheaper than bond 16, A defensive business:
A. short-term finance finances only some of the fluctuating current assets. B. has a higher profit. C. has a higher risk.
D. short-term finance finances all of fluctuating current assets.
17, Which is NOT likely to be a form a crowfunding? A. Donation. B. Pre-buying products. C. Equity. D. Business angles
18, Which is one of the money market financial instruments? A. Commercial paper. B. Leasing. C. Loan stock. D. Ordinary shares.
19, Measures of product quality and product failure rates will be included in the final balanced scorecard's: A. Financial perspective.
B. Internal business process perspective.
C. Innovation and learning perspective. D. Customer perspective.
20, A very easy and the most important source of equity is: A. Share issues. B. Right issues of shares. C. Placings. D. Retained earnings.
21. In a defensive business
A. short - term finance finances only some of the fluctuating current assets B. profit is higher C. risk is higher
D. short - term finance finances all of fluctuating current assets
22, Which one is NOT a form of new share issues? A. Placings. B. Offers for sale. C. Direct offers.
D. Right issues of shares.
23, A short-term loan of variable amount up to a limit from a bank is: A. Debt factoring B. Term loans C. Overdraft. D. Loan stock.
24, Qualitative measure are
A. expressed in numerical terms
B. subjective and judgmental C. objective D. key performance indicators
25, When there is a short-term surplus of cash, the business should:
A. invest in various financial products in the money markets.
B. invest in longer-term projects.
C. return to shareholders as dividends. D. keep on hand.
26, The most common method of new issues of shares when a company first comes onto the market is: A. Right issues./ B. Direct offers. C. Offers for sale. D. Placings.
27, Which is a characteristic of venture capital
A. holding more than 50% of shares of the company B. a short-term finance
C. return is in the form of capital
D. the investor are not able to influence management
28, In the balanced scorecard, measures of how quickly and fully employee
suggestions are implemented would be included in:
A. Financial perspective measures.
B. Customer perspective measures.
C. Internal business perspective measures. process
D. Innovation and learning perspective measures.
29, The bank accepting the customer’s property for storage in its safe deposit. this
bank/customer contractual relationship is A. receivable and payable B. bailor and bailee C. principal and agent D. mortgagor and mortgagee
30, Carrying out monetary policy is the role of: A. Central bank. B. Primary bank. C. Secondary bank. D. Retail bank.
31, The bank asks the customer to secure a loan with a charge over its assets. in this relationship, bank is A. mortgagor B. mortgagee C. bailor D. bailee