EXAMIANS
What is used to record historical financial transactions?
YOUR ANSWER : ?
YOUR ANSWER : ?
What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security?
YOUR ANSWER : ?
Current ratio is:
YOUR ANSWER : ?
Current assets less inventories divided by current liabilities is known as
YOUR ANSWER : ?
What are the two classifications of goods and services?
YOUR ANSWER : ?
What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.?
YOUR ANSWER : ?
The interest calculated on the basis of 365 days a year, is known as:
YOUR ANSWER : ?
What is another term for “current assets”?
YOUR ANSWER : ?
Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest?
YOUR ANSWER : ?
The depletion allowance method of computing depletion is commonly known as ______.
YOUR ANSWER : ?