UPPER SEM QUESTION

all the below are not the differences between ordinary share and preference share except

• ordinary share has the right to vote

• preference share can get the dividends after ordinary share has paid.

• ordinary share gives the shareholder the right to vote on matters put before all the shareholders of the company

• preference share has the right to vote

what are cumulative share?

• If you hold cumulative preference shares, the amount of the missed dividend will roll over to the next dividend date. If dividends are issued at this point then you will receive both amounts

• Should the company make the decision not to pay dividends for a period, this amount will not be paid at any point in the future

tax paid = RM25000, tax payable = RM45000, current tax expenses = RM67000, how much taxation in soci and sofp?

• soci = RM45000, sofp = RM67000

• soci = RM45000, sofp = RM25000

• soci = RM20000, sofp = RM67000

• soci = RM67000, sofp = RM20000

what is working capital?

• Working capital is calculated as current assets minus current liabilities, which is used in day-to-day trading.

• Working capital is calculated as non current assets plus non current liabilities, which is used in month-to-month trading.

• Working capital is calculated as current assets plus current liabilities, which is used in day-to-day trading.

• Working capital is calculated as current assets minus non current liabilities, which is used in month-to-month trading.

all of the below are intangible asset except

• patents

• trademark

• copyright

• land

closing inventory in trial balance = RM3,300,000 , closing inventory in additional information = RM2,500,000 , cost of sale in trial balance = RM20,000,000 . How much cost of sale should be put in soci?

• RM20,800,000

• RM22,500,000

• RM23,300,000

• RM17,500,000

all of these are the categories in cash flow activities except

• operating activities

• investing activities

• financing activities

• management activities

What is the basic accounting formula ?

• Asset + Liability = Equity

• Equity + Asset = Liability

• Asset = Liability + Equity

• Asset + Liability + Equity = Capital

All of them are the Professional Accounting Organization except

• Malaysian Accounting Standard Board

• Charted Institute Management Account

• Accountants Organization

• Malaysia Institute of Accountants

Which is the top one of the Big Four Companies

• Delloite

• KPMG

• PricewaterhouseCoopers

• Ernst & Young