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SYBBI Trial Quiz - Financial Statement Analysis

Total questions: 19

Worksheet time: 9mins

Name
Class
Date
1.

Financial Statement that shows final financial position of the company as on the last day of the year is called _____

a)

Income Statement

b)

Balance Sheet

c)

Profit & Loss Account

d)

Trading Account

2.

Vertical Balance Sheet is divided into (a)   Parts .

3.

Non - written off Miscellaneous Expenditure will appear under this head in Balance Sheet_______

a)

Owner's Fund

b)

Loan Fund

c)

Current Liabilities

d)

Working Capital

4.

Following item will not appear under Owner's Fund in Balance Sheet

a)

Equity Share Capital

b)

Security Premium

c)

Preference Share Capital

d)

Debentures

5.

Given instrument is always appears under Unsecured Loan

a)

Public Deposits

b)

Debentures

6.

The above given format will be called as __________

a)

1 + 2 Column

b)

1 + 3 Column

c)

2 Column

d)

3 Column

7.

Loan which is taken without any mortgage of asset is known as ?

a)

Secured Loan

b)

Unsecured Loan

8.

Working Capital = Current Assets Less ?

a)

Quick Liabilities

b)

Non-Quick Liabilities

c)

Current Liabilities

d)

Loan Fund

9.

Following is an Intangible Fixed Asset?

a)

Plant & Machinery

b)

Land

c)

Copyright

d)

Furniture

10.

Marketable Securities will appear under ?

a)

Investment

b)

Fixed Assets

c)

Non Quick Assets

d)

Quick Assets

11.

Following is not a Non-Quick Assets

a)

Prepaid Expenses

b)

Advance Payments

c)

Closing Stock

d)

Debtors

12.

Total Fund Utilised = Fixed Assets + Investment + ?

a)

Loan Fund

b)

Working Capital

c)

Current Assets

d)

Current Liabilities

13.

COGS Stands for ?

a)

Cost Out of Goods Sold

b)

Closing Opening Goods Stock

c)

Cost Of Goods Sold

14.

Following is deducted while calculating COGS.

a)

Opening Stock

b)

Closing Stock

c)

Direct Expenses

15.

Given item falls under direct expenses.

a)

Printing & Stationery

b)

Carriage Inward

c)

Carriage Outward

d)

Office Rent

16.

Operating Profit Before Interest & Tax = Gross Profit - ?

a)

Non-Operating Expenses

b)

Operating Expenses

c)

Direct Expenses

d)

Interest

17.

Operating Expenses has (a)   bifurcations.

18.

Given entry falls under Non-Operating Income

a)

Sales

b)

Goodwill Written Off

c)

Dividend (Cr.)

d)

Dividend (Dr.)

19.

Transfer to General Reserve will be recorded under ______

a)

Non- Operating Expenses

b)

Appropriations

c)

Profit & Loss A/C b/d