(A) 1944
(B) 1945
(C) 1946
(D) 1947
Category: Commerce Mcqs
Selling bonds is a way to
(A) paying debt
(B) improve exchange rate
(C) lend loans
(D) obtain loans
Shares of a public company are usually traded on a
(A) central bank
(B) stock exchange
(C) securities & Exchange Commission
(D) hedge fund
The selling price of some goods is $1500 and cost to sell the goods is $200. What is the Net Realizable Value NRV?
(A) $1000
(B) $1200
(C) $1300
(D) $1500
Raw materials that are remaining at the end of the reporting period are treated as
(A) current assets
(B) fixed assets
(C) expenses
(D) liabilities
Which from the following is NOT among essentials of a valid contract?
(A) Consensus ad idem
(B) More than two parties
(C) Lawful consideration
(D) Free consent