| 26. | The future value of interest if it is calculated once a year is classified as |
| a. | One time compounding |
| b. | annual compounding |
| c. | semiannual compounding |
| d. | monthly compounding |
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Answer: (b).annual compounding
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| 27. | An interest rate which is paid by the money borrower and charged by lender is considered as |
| a. | annual rate |
| b. | periodic rate |
| c. | perpetuity rate of return |
| d. | annuity rate of return |
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Answer: (b).periodic rate
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| 28. | In the calculation of time value of money, the 'PMT' represents |
| a. | present money tracking |
| b. | payment |
| c. | payment money tracking |
| d. | future money payment |
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Answer: (b).payment
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| 29. | The left side of balance sheet states the |
| a. | appreciated earnings |
| b. | liabilities |
| c. | assets |
| d. | stocks earnings |
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Answer: (b).liabilities
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| 30. | The intangible assets such as copyrights, trademarks and patents are applicable for |
| a. | depreciation |
| b. | amortization |
| c. | stock amortization |
| d. | perishable assets |
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Answer: (b).amortization
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