A. Cash
B. Investment in subsidiary companies
C. Furnitures
D. Patents
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Lands, buildings, plants and machineries are example of what type of asset ?
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What refers to the interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment ?
A. Current asset
B. Trade investment asset
C. Fixed asset
D. Intangible asset
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What is another term for “current assets” ?
A. Economic return
B. Yield
C. Rate of return
D. Return of investment
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What is an accounting term that represents an inventory account adjustment ?
A. Fixed assets
B. Non-liquid assets
C. Liquid assets
D. Ccash
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What is the change in cost per unit variable change called ?
A. Cost of goods sold
B. Cost accounting
C. Standard cost
D. Overhead cost
0
What is used to record historical financial transactions ?
A. Variable cost
B. Incremental cost
C. Fixed cost
D. Supplemental cost
0
What is a secondary book of accounts, the information of which is obtained from the journal is called ?
A. Bookkeeping system
B. Ledger system
C. Balance check
D. General journal system
0
The original record of a business transaction is recorded in this book_____________?
A. Balanced sheet
B. Ledger
C. Worksheet
D. Trial balance
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All the proceeds which are received by the business as a result of the sale of goods is called _________________?
A. Work book
B. Journal
C. Ledger
D. Account book
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