E-PolyLearning

21. In calculation of net cash flow, the deferred tax payments are classified as
a. non-cash revenues
b. non-cash charges
c. current liabilities
d. income expense
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Answer: (b).non-cash charges

22. The land, buildings, and factory fixed equipment are classified as
a. tangible asset
b. non-tangible assets
c. financial asset
d. financial liability
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Answer: (a).tangible asset

23. The rate of return that an investment provides its investor is classified as
a. investment return rate
b. internal rate of return
c. international rate of return
d. intrinsic rate of return
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Answer: (b).internal rate of return

24. The method of inventory recording gives lower cost of goods sold in the income statement is classified as
a. last in first out
b. last out receivable
c. first out receivable
d. first in first out
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Answer: (d).first in first out

25. The type of interest rates consist of
a. nominal rates
b. periodic rates
c. effective annual rates
d. all of the above
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Answer: (d).all of the above

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