Exam preparation MCQs with answers

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Latest MCQs

Balance Sheet is based upon which of the following formula?
  • (A)  Assets = Liabilities – Stockholder’s equity
  • (B)  Assets + Liabilities = Stockholder’s equity
  • (C)  Assets + Stockholder’s equity = Liabilities
  • (D)  Assets = Liabilities + Stockholder’s equity
Which of the following is not a quality of IRR ?
  • (A)  Most widely used
  • (B)  Ideal to rank the mutually exclusive investments
  • (C)  Easily communicated and understood
  • (D)  Can be estimated even without knowing the discount rate