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81A "legal entity" which can sue and be sued, make

Question : 81A "legal entity" which can sue and be sued, make : 1405467

 

 

81A "legal entity" which can sue and be sued, make and be party to contracts, and acquire property in its own name is
Aa corporation.
Ba partnership.

Ca professional partnership.
Da sole proprietorship.

 

82________ is responsible for the evaluation and recommendation of proposed asset investments.
AThe Pension Fund Manager
BThe Credit Analyst

CThe Financial Analyst
DThe Capital Expenditures Analyst

 

83In ________, owners have limited liability with regard to the business?they are not personally liable for other owners' malpractice.
Ain a cooperative
Ba limited partnership

Ca partnership
Ds sole proprietorship

 

84Managerial finance
Ainvolves tasks such as budgeting, financial forecasting, cash management, and funds procurement.

Binvolves the design and delivery of advice and financial products.

Cdevotes the majority of its attention to the collection and presentation of financial data.

Drecognizes funds on an accrual basis.

 

85The treasurer is commonly responsible for
Amaking capital expenditures.
Bdata processing.

Ccost accounting.
Dtaxes.

 

86The controller is commonly responsible for
Afinancial accounting.
Bmanaging cash.

Cmanaging credit activities.
Dfinancial planning.

 

87The accountant's primary function is
Amaking decisions based on financial data.

Bevaluating the financial statements.

Cplanning cash flows.

Dthe collection and presentation of financial data.

 

88The accountant recognizes revenues and expenses on
Aan expense basis.
Ban accrual basis.

Ca cash basis.
Da revenue basis.

 

89The financial manager recognizes revenues and expenses utilizing
Athe actual inflows and outflows of cash.

Bthe revenue method.

Cthe accrual method.

Dstandardized, generally accepted, accounting principles.

 

90The financial manager is interested in the cash inflows and outflows of the firm, rather than the accounting data, in order to ensure
Aprofitability.
Bthe ability to acquire new assets.

Cthe ability to pay dividends.
Dsolvency.

 

 

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