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    Big4 Aptitude Exam New MCQs Fixed

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    shanemathew758

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    Big4 Aptitude Exam New MCQs Fixed

    Uploaded by

    shanemathew758
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    Big4_Aptitude_Exam_New_MCQs_Fixed

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    1 views5 pages

    Big4 Aptitude Exam New MCQs Fixed

    Uploaded by

    shanemathew758

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 5

    New MCQ Paper for Big 4 Aptitude Exam

    1. Which of the following is a characteristic of a liability?

    a) It provides future economic benefits

    b) It is a present obligation of the entity

    c) It is an equity account

    d) It is a revenue account

    2. What is the primary objective of financial accounting?

    a) To assist in management decision-making

    b) To provide financial information to external users

    c) To help in tax computation

    d) To analyze market trends

    3. The accrual basis of accounting recognizes revenues when:

    a) Cash is received

    b) Goods are ordered

    c) Services are rendered

    d) Cash is paid

    4. Which financial statement shows the financial position of a company?

    a) Income Statement

    b) Statement of Cash Flows

    c) Balance Sheet

    d) Profit and Loss Statement

    5. Inventory is classified as:

    a) A current liability

    b) A current asset

    c) An equity account

    d) A long-term liability
    6. What does the term 'liquidity' refer to in finance?

    a) Profitability

    b) Ability to pay short-term obligations

    c) The total value of assets

    d) The company's market share

    7. Which financial ratio measures a company's profitability?

    a) Current Ratio

    b) Return on Assets

    c) Debt to Equity Ratio

    d) Quick Ratio

    8. What does a high P/E ratio indicate?

    a) Low growth expectations

    b) High growth expectations

    c) High debt levels

    d) Low profitability

    9. The time value of money concept implies that:

    a) Money today is worth less than money in the future

    b) Money has no value

    c) Money today is worth more than the same amount in the future

    d) Money value remains constant over time

    10. Which of the following is a source of long-term finance?

    a) Trade credit

    b) Bank overdraft

    c) Debentures

    d) Accounts payable

    11. Capital budgeting decisions are primarily concerned with:

    a) Short-term investments
    b) Cash management

    c) Long-term investments

    d) Inventory control

    12. What is the primary goal of financial management?

    a) Minimize costs

    b) Maximize shareholder wealth

    c) Increase sales

    d) Reduce debt

    13. The Weighted Average Cost of Capital (WACC) is best described as:

    a) The cost of equity financing

    b) The minimum return required on a new investment

    c) The average cost of current liabilities

    d) The total dividend paid

    14. A firm's dividend policy is concerned with:

    a) The distribution of profits to shareholders

    b) The setting of product prices

    c) The management of accounts receivable

    d) Inventory valuation

    15. Which is an example of a capital expenditure?

    a) Paying dividends

    b) Purchasing machinery

    c) Repaying a short-term loan

    d) Paying utility bills

    16. Select the option that best completes the sentence:

    'The proposal was _____ by the committee.'

    a) Excepted

    b) Accepted
    c) Accessed

    d) Exceeded

    17. Choose the word most similar in meaning to 'pervasive':

    a) Rare

    b) Widespread

    c) Contained

    d) Disjointed

    18. Identify the sentence with correct grammar:

    a) She don't like ice cream.

    b) He run fast every morning.

    c) They have been to the concert last night.

    d) We were watching a movie when it started raining.

    19. Choose the antonym of 'intricate':

    a) Simple

    b) Complex

    c) Detailed

    d) Elaborate

    20. Which sentence is correct?

    a) The news are very exciting.

    b) Each of the players have a chance to win.

    c) Neither of them was available to attend.

    d) He go to the gym every day.

    21. What is the next number in the sequence: 2, 4, 8, 16, ...?

    a) 24

    b) 32

    c) 18

    d) 20
    22. If all roses are flowers and some flowers fade quickly, what can we conclude?

    a) All roses fade quickly

    b) Some roses may fade quickly

    c) No flowers fade quickly

    d) All flowers fade quickly

    23. If a car travels 60 km in an hour, how far will it travel in 45 minutes?

    a) 30 km

    b) 45 km

    c) 50 km

    d) 60 km

    24. Complete the analogy: Fish is to Water as Bird is to _____

    a) Nest

    b) Air

    c) Tree

    d) Sky

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