Cash money and credit necessary to establish and operate an enterprise are generally called _____________________?

Related Mcqs:

1. The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as _____________________?

   A. Yield B. Economic return C. Earning value D. Gain...

2. What do you call a one-time credit against taxes ?

   A. Due credit B. Tax credit C. Credible credit D. Revenue credit...

3. What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties ?

   A. Book value B. Market value C. Fair value D. Franchise value...

4. What is the increase in the money value of a capital asset is called?

   A. Profit B. Capital gain C. Capital expenditure D. Capital stock...

5. What is the reduction in the money value of capital asset is called ?

   A. Capital expenditure B. Capital loss C. Loss D. Deficit...

6. The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called _____________________?

   A. Sunk cost B. Economic life C. In-place value D. Annuity...

7. The difference between the present and future worth of money at some time in the future is called __________________?

   A. Discount B. Deduction C. Inflation D. Depletion...

8. ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method ?

   A. 7 eyars B. 8 years C. 9 years D. 10 years...

9. 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. Economic return B. Yield C. Rate of return D. Return of investment...

10. The ability to convert assets to cash quickly is known as ________________?

    A. Solvency B. Liquidity C. Leverage D. Insolvency...