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Accounting and Financial Analysis Multiple Choice Questions Eliminate the wrong answer (or write the answer A, B, C, or D next to the question)

Business Aug 19, 2020

Accounting and Financial Analysis Multiple Choice Questions

Eliminate the wrong answer (or write the answer A, B, C, or D next to the question).

9. Which of the following is not a stock exchange?
A. NYSE
B. NSADAQ
C. AMEX
D. NASD

12. General Motors, ExxonMobil, Coca Cola, and IBM, are a few of the big companies listed on what stock exchange?
A. NYSE
B. NSADAQ
C. AMEX
D. CBOT

18. Of the four basic financial statements, which one displays data at a moment in time vs, for a given period? (i.e. can you display this statement for all of Q1?)
A. Income Statement
B. Balance Sheet
C. Cash Flow
D. Statement of Retained Earnings

24. In order to calculate an inventory turnover ratio, which two financial statements do you need?
A. Income Statement & Cash Flow
B. Balance Sheet & Income Statement
C. Cash Flow and Balance Sheet
D. Statement of RE and Income Statement

Expert Solution

9. Which of the following is not a stock exchange?
A. NYSE
B. NSADAQ
C. AMEX
D. NASD

Answer: C

12. General Motors, ExxonMobil, Coca Cola, and IBM, are a few of the big companies listed on what stock exchange?
A. NYSE
B. NSADAQ
C. AMEX
D. CBOT

Answer: A

18. Of the four basic financial statements, which one displays data at a moment in time vs, for a given period? (i.e. can you display this statement for all of Q1?)
A. Income Statement
B. Balance Sheet
C. Cash Flow
D. Statement of Retained Earnings

Answer: B

24. In order to calculate an inventory turnover ratio, which two financial statements do you need?
A. Income Statement & Cash Flow
B. Balance Sheet & Income Statement
C. Cash Flow and Balance Sheet
D. Statement of RE and Income Statement

Answer: B

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