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DM102-BSIT2214 quiz#2

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

It is a government-managed mandatory savings scheme designed to provide financial security to employees after retirement or in times of need.

a)

Other income

b)

Depreciation Expenses

c)

Welfare Expenses

d)

Provident Fund

2.

it is used to analyze financial data across multiple periods to recognize patterns and trends.

a)

Horizontal Analysis

b)

Vertical Analysis

c)

Ratio Analysis

d)

Solvency

3.

  (Current Amount -Previous Amount)/(Previous Amount)  )x 100 is the formula of?

a)

Vertical Analysis

b)

Horizontal Analysis

c)

Liquidity Ratio

d)

Ratio Analysis

4.

a)

Profitability ratio

b)

Solvency Ratio

c)

Liquidity ratio

d)

efficiency ratio

5.

A formal record of a company's financial activities and position over specific period.

a)

financial management

b)

organization of finance function

c)

Corporate finance

d)

financial statements

6.

Breaks down the revenue a company earns against the expenses involved in its business to provide a bottom line, net income profit or loss.

a)

Financial statements

b)

Horizontal Analysis

c)

Profitability Ratio

d)

Income Statements

7.

Balance sheet statements also known as ___

a)

Book Value

b)

Financial Sheet Statement

c)

Stakeholder's equity

d)

Statement of financial position

8.

-Z Corporation provides the following income statement data for two consecutive years:
sale revenue
year1: 500,000
year2: 600,000
using horizontal analysis, find the percentage.

a)

7%

b)

15%

c)

10%

d)

20%

9.

Operating Expenses

Year1: 100,000
Year2: 120,000
using horizontal analysis,Operating expenses increase by __%

a)

7%

b)

15%

c)

10%

d)

20%

10.

Evaluate the company’s ability to meet long-term obligations and manage debt.

a)

Solvency Ratio

b)

Liquidity Ratio

c)

Profitability Ratio

d)

Efficiency Ratio