1. The principal revenue-producing activities of a business are categorized in the cash flow statement as..................

Financing activities

Operating activities

None of these

Investing activities

2. The activities which cause a change in the composition of equity and borrowings in a company are categorized as...............

Financing activities

None of these

Investing activities

Operating activities

3. Horizontal analysis, vertical analysis, and ratio analysis are all part of................

Financial statement analysis

None of these

Cost analysis

Accounting

4. Liquidity, capital structure, activity, and profitability are all types of.............

results

ratios

analysis

none of these

5. While calculating the short-term solvency liquidity ratio is used and for long-term solvency we use.....................

Activity ratio

Capital structure ratio

Profitability ratio

Acid test ratio

6. The proportion of profit which is distributed amongst the owners is called............

Dividend

Revenue

Interest

Retained Earnings

7. In accounting it is recommended to follow the same practice of reporting regularly as per;

Accrual concept

Convention of consistency

None of these

Matching principle

8. When a customer is unable to pay their borrowings on the time it generates.........for the business.

Loans

Fines

Bills payables

Bad debts

9. The trade payables are an example of;

Income

Liability

Asset

Expense

10.Extended Accounting Equation includes;

Assets, Liabilities, Capital, Revenue, Expenses

Assets and Liabilities

Assets, Liabilities, Expenses and Capital

Assets, Liabilities and Capital