quiz about finance

1. Finance

2. 1) Expand the acronym of IFRS

3. 2) The most suitable coverage ratio
for deciding the debt capacity of a
firm is ……..

4. 3) which ratio is taken to consideration
by a bank before sanctioning loan ?

5. 4) Assets =liabilities is related to which
concept ?

6. 5) If a transaction requires entries
on both the debit and credit sides
simultaneously it is called as ……

7. 6)Secret reserves are created by
means of ……..

8. 7) He is referred to as "The Father
of Accounting and
Bookkeeping" who is he ……..

9. 8) Name the term used for
depreciating a company's
intangible assets

10. 9) Buying something of value and
selling it for higher value is called as

11. 10) An expenditure which is
incurred during an accounting
period, but is applicable either
wholly or in part to future period

12. 11)Distribution of ………. Amount as
dividend is prohibited