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