Which is not an essential element of an ordinary annuity?

Double taxation is disadvantage of which business organization?

Lands, buildings, plant and machinery are examples of;

The cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn.

A method of computing depreciation in which the annual charge is a fixed percentage of the depreciated book value at the beginning of the year to which the depreciation applies.

Capitalized cost of any structure or property is equal to ?

Defined as the future value minus the present value in a negotiable paper.

A market whereby there is only one buyer of an item for which there are no goods substitute.

The function of interest rate and time that determines the cumulative amount of a sinking fund resulting from specific periodic deposits.

The intangible item of value the exclusive right of a company to provide a specific product or service in a stated region of the country.

The lessening of the value of an asset due to the decrease in the quantity available (referring to the natural resources, coal, etc.)

A type of bond where the corporation's owner name are recorded and the interest is paid periodically to the owners with their asking for it.

It is a series of equal payments occurring at equal intervals of time where the first payment is made after several periods, after the beginning of the payment.

A type of annuity where the payments are made at the end of each payment period starting from the first period.

The amount of a property in which a willing buyer will pay to a willing seller for the property when neither one is under the compulsion to buy nor sell.

A condition where only few individual produce a certain product that action of one will lead to almost the same action by the other.

The deliberate lowering of the price of a nation's currency in terms of the accepted standard (gold,   American dollar, or the British pound) is known as

The amount of company's profits that the board of directors of the corporation decides to distribute to ordinary shareholders.

A type of annuity where the payments are made at the start of its period, beginning from the first period.

A document that shows proof of legal ownership of a financial security.

Is the simplest form of business organization?

An increase in the value of a capital asset is called;

A saving which takes place goods are not available for consumption rather than the consumer really want to save.

Defined as the capacity of commodity to satisfy human want

Which is true about partnership?

The reduction of the value of an asset due to constant use and passage of time.

The flow back of profit plus depreciation from a given project is called?

In case of bankruptcy of a partnership

Which is not a type of business organization?

It is the profit obtained by selling at a higher price than its original purchase price.

Bond whose security is a mortgage on certain specified assets of the corporation.

The payment for the use of borrowed money is called

It denotes the fall in the exchange rate of one currency in terms of other.

The term usually applies to floating exchange rates.

Any particular raw material or primary product (e.g. cloth, wool, flour, coffee….) is called;

A type of bond issued jointly by two or more corporations.

An association of two or more persons for a purpose of engaging in a profitable business.

A type of bond where the corporation pledges securities which it owns (stocks, bonds of its subsidiaries);

A marked condition where there are two buyers and two sellers.

A method of depreciation whereby the amount to recover is spread over the estimated life of the asset in terms units of output.

A mathematical expression also known as the present value of an annuity of one is called:

Bond which are attached coupons indicating the interest due and the date when such interest is to be paid.

As applied to the capitalized asset the distribution of the initial cost by a periodic changes to operation as in depreciation or the reduction of the debt by either periodic or irregular prearranged program is called:

It is a negotiable claim issued by a bank in lieu of a term deposit.

Which is an example of an intangible assets?

The residual value of a company's assets after all outside liabilities have been allowed for.

A type of bond whose guaranty is in lien on railroad equipment.

The true value of interest rate computed by equations for compound interest for a 1 year period is known as;

Which is true about corporations?

The ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal.

The reduction in the money value of a capital asset is called;

Scrap value an asset is sometimes known as

The first cost of any property includes

Everything a company owns and which has a money value is classified as an asset. Which of the following is classified as an asset?

A type of bond which does not have security except a promise to pay by the issuing corporation.

The recorded current value of an asset is known as

A distinct legal entity which can practically transact any business transaction which a real person could do.

A financial summary showing the relationship among assets, liabilities, and ownership in the corporation on a specific date.

It denotes the fall in the exchange rate of one currency in terms of other. The term usually applies to floating exchange rates.

The type of annuity where payments continue infinitely.