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.Management Sciences
A. Assets = liability + owner’s equity
B. Liability = assets + owners’ equity
C. Owner’s equity = assets + liability
D. Owner’s equity = liability – assets
Related Mcqs:
- Duopsony is a market situation where there is/are______________?
- A. Few sellers and few buyers B. Few sellers and many buyers C. Many sellers and few buyers D. One seller and few buyers...
- What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly ?
- A. 8.07 % B. 8.12 % C. 8.16 % D. 8.24 %...
- A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries ?
- A. Mortgage bond B. Joint bond C. Security bond D. Collateral trust bond...
- In case of bankruptcy of a partnership________________?
- A. The partners are not liable for the liabilities of the partnership B. The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities C. The partners personal assets are attached to the debt of the partnership D. The partners nay sell stock to generate additional capital...
- The true value of interest rate computed by equations for compound interest for a 1 year period is known as __________________?
- A. Expected return B. Nominal interest C. Effective interest D. Economic return...
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