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Goodwill MCQ – Basics of Goodwill
MCQ Quiz – Practice Questions MCQ Quiz Question 1 What does "Goodwill" primarily mean? The physical assets of a business. A good opinion about someone or something. The total sales revenue of a company. The amount of cash a business has. B Correct Answer: A good opinion about someone or something. Goodwill is defined as
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Test Quiz
MCQ Quiz – Practice Questions MCQ Quiz Question 1 In dissolution, what is the primary action regarding the firm's assets? Revaluation Transfer to a new entity Sale Donation C Correct Answer: Sale Question 2 What happens to the business during dissolution? It continues operating as usual It merges with another firm It is closed It
MCQ Quiz on Dissolution
MCQ Quiz – Practice Questions MCQ Quiz Question 1 In dissolution, what is the primary action regarding the firm's assets? Revaluation Transfer to a new entity Sale Donation C Correct Answer: Sale Question 2 What happens to the business during dissolution? It continues operating as usual It merges with another firm It is closed It
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Functions of Central Bank of a Country
The central bank of a country is the institution that is responsible for managing the money supply, interest rates, and financial stability of the economy. The central bank of India is the Reserve Bank of India (RBI), which was established in 1935. The RBI performs various functions to achieve its objectives of economic growth, price
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How to Calculate Cash Flow from Investing Activities
Type of Questions The questions for finding the cash flow from investing activities will usually have the balance sheet data for two years with some additional information as shown below Particulars 31-Mar-2022 31-Mar-2021 Plant and machinery 1000000 850000 Additional Information : Plant and machinery with Book Value of Rs 60000 was sold for Rs 40000
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