Fsdf Samenvattingen, Aantekeningen en Examens

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ZDSFFSDF 21212 BUSINESS COMBINATION AND CONSOLIDATED FIINANCIAL STATEMENTS Exam 2020 – Saint Paul School of Business & law 14. Which of the following statements is TRUE? A. The intercompany profit in inventory transfer between affiliates is computed by multiplying the inventory held by the buying affiliate which was acquired from the selling affiliate by the gross profit rate based on sales of the buying affiliate. B. The income and expenses of a subsidiary are included in the consolidated fin...

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1. The following are the requisites of an oblicon, except: a. Passive subject, debtor or obligor. b. Active subject, creditor, or oblige. c. Efficient cause. d. Demand. 2. Obligations may arise from any of the following, except: a. Contracts. b. Quasi-contracts. c. Law. d. Prestation. 3. It is the voluntary administration of the property of another without his consent. a. Negotiorum gestio b. Solutio indebiti c. Quasi-delict d. Contract 4. It is a wrong committed without any pre-...

Economic Concepts 1.) It is generally used to mean any sustained or continuing increase in prices. a. inflation rate c. inflation b. hyper-inflation d. deflation Answer: c Source: (Cristobal M, Pagoso, et al, Philippine Economics (Macro Approach), 2003 Edition) 2.) A reduction of the amount of available money in circulation so that the value of money increases and prices go down. a. inflation rate c. inflation b. hyper-inflation d. deflation Answer: d Source: (Edited by: Clarence L. B...

UNDERSTANDING AND ANALYSIS AND INTERPRETATION OF FINANCIAL STATEMENTS 1. A company’s current ratio is 2.2 to 1 and quick (acid test) ratio is 1.0 to 1 at the beginning of the year. At the end of the year, the company has a current ratio of 2.5 to 1 and quick ratio of .8 to 1. Which of the following could help explain the divergence in the ratios from the beginning to the end of the year? a. An increase in inventory levels during the current year. b. An increase in credit sales in relation...

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