Question
33.Transactions in secondary market affect the financial position of .............................. in the market.. Single choice. (1 Point) Both buyer and seller seller issuer buyer 34.The
33.Transactions in secondary market affect the financial position of .............................. in the market.. Single choice.
(1 Point)
Both buyer and seller
seller
issuer
buyer
34.The expenditure meant for the satisfaction of needs and wants is called........................ Single choice.
(1 Point)
capital good
saving
consumer good
consumption
35.The end product of accounting department is .......................................... Single choice.
(1 Point)
Financial Statements
Trial Balance
Closing entries
Ledger
37.Maturity matching principle refers to............................................. Single choice.
(1 Point)
Fixed assets should be financed through short term liabilities
revenues and expenses should be matched
Current assets should be financed through short term liabilities
Current assets should be financed through long term liabilities
The measure used for calculation of risk is ......................... Single choice.
(1 Point)
Variance
average return
Arithmetic mean
expected return
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