Lernkarten
0 Exakte Antworten
0 Text Antworten
126 Multiple Choice Antworten
What are the two fundamental qualitative characteristics of useful financial information?
Comparability and Understandability
Relevance and Faithful Representation
Relevance and Comparability
Consistency and Timeliness
What is the equation for calculating work capital?
Current Asset/Current Liability
Total Asset/Total Liability
Current Liability - Current Asset
Current Asset - Current Liability
If an asset is still functional but can no longer make profit for the company, it is_______.
Under-stated
Prudent
Obsolescent
A faithful representation should be neutral complete and free from error.
TRUE
FAlSE
How to calculate return on investment?
EAT/Equity
EAT/Assets
EBIT/Equity
EBIT/Assets
Which is NOT an enhancing qualitative characteristic of useful financial information?
Understandability
Timeliness
Verifiability
Measurability
When liability = 0, ROI will have the same value as ROE.
TRUE
FALSE
Liquidity is also know as short-term solvency.
TRUE
FALSE
