Section 14
Q 3, 4, 6, 8, 9
Select the choice which best completes the statement, or answers the question, by clicking on the corresponding letter.
Imagine a company will be paid £100,000 in one year – what is the present value of the receivable? Assume the interest (discount) rate to be 10%
- £ 90,109
- £ 80,909
- £ 90,909
- £ 80,109
The following is NOT an investment appraisal technique
- NPR
- NPV
- ROI
- ERR
- ROR
- IRR
The Profit and Loss Account is
- A systematic recording, reporting, and analysis of financial transactions of a business
- A Summary of the assets, liabilities and shareholders’ equity of the organisation
- A financial statement that shows a company's incoming and outgoing money (sources and uses of cash) during a specified time period
- A statement setting the total revenues (sales) for a period against the expenses matched with those revenues
HR or IT would normally be regarded as
- Profit centres
- Cost centres
- Revenue centres
Accounting is typically split into two key branches:
- The balance sheet and cash flow statements
- Governance and financial accounting
- Financial and management
- Profit and loss