TEST SELECTIVIDAD 402.- Created by Antonio Ginés

Which of the following statements is correct?
1. The net worth and the liabilities of a company indicate the origin of the resources and the assets the use that has been made of them
2. The assets of a company indicate the origin of the resources and the Net Equity and the liabilities the use that has been made of them
3. None of the other answers is correct
In Spanish commercial law, the annual accounts are:
1. The audit report, the inventory book, the statement of changes in equity, the statement of cash flows and the financing table
2. The balance sheet, the profit and loss account, the statement of changes in equity, the statement of cash flows and the report
3. The book of inventories and balance sheets, the profit and loss account, the statement of changes in equity, the statement of cash flows and the memory
As a general rule, tangible assets are valued at:
1. Market price
2. Purchase price
3. Replacement price
It's called net worth or equity:
1. Only to the contributions of the partners
2. To the external resources of the company (long and short term)
3. To the difference between total assets and liabilities
The general liquidity ratio represents the quotient between:
1. Non-current assets and non-current liabilities
2. Total assets and liabilities
3. Current assets and current liabilities
A company is in full financial equilibrium when:
1. Non-current assets plus current assets equals shareholder's Equity
2. Non-current assets equals non-current liabilities
3. Current assets are greater than current liabilities
The position of maximum stability of a company is one which:
1. The assets are financed with own capital
2. Non-current assets are financed with current liabilities
3. Current assets are financed with current liabilities
A computer program is:
1. A tangible asset
2. An intangible asset
3. A financial asset
Financial profitability relates:
1. Profits obtained with liabilities
2. Profits obtained with the sales of the company
3. Profits obtained with the company's own capital
The economic profitability of a company could be measured with the ratio expressed as:
1. Quotient between results obtained or gross profit and the value of its assets
2. Percentage or commercial margin with which its assets are taxed
3. Difference between total sales income and operating expenses
The social balance is defined as:
1. The representation of the economic and financial structure of a company
2. The instrument for measuring favorable or unfavorable social outcomes
3. The balance of powers in a society
The net equity represents:
1. The difference between non-current liabilities and current assets
2. Own resources, both from contributions from partners and from undistributed profits
3. Long-term own and other resources
Assets:
1. It constitutes the source of external financing
2. Represents payment obligations
3. Represents goods and rights
The feasible is made up of:
1. Short-term items of current assets that can be converted into cash
2. Stocks stored
3. For its own financial resources and medium and long-term credit
Accounting studies:
1. The evolution of the production process
2. Patrimony and its variations
3. The economic and financial management process of the company
An administrative concession in accounting is:
1. A fictitious asset
2. An intangible asset
3. A financial asset
Clients are part of:
1. The patrimonial mass of net worth
2. The capital stock of liabilities
3. The assets
Goodwill is:
1. An intangible asset
2. A financial asset
3. A liability
The economic profitability of a company could be measured with the ratio expressed as:
1. Quotient between non-current assets and non-current liabilities
2. Ratio between earnings before interest and taxes and assets
3. Ratio between current assets and current liabilities
In a final balance sheet for the financial year, the economic structure of the company can be seen by studying:
1. The profit and Loss Account
2. The liabilities
3. The assets
Computer programs (software) valued at their acquisition price or at the cost of their own production are included in the following assets:
1. Intangible assets
2. Goodwill
3. Machinery
The PER (Price Earnings Rate) relates:
1. Profitability for the year with equity
2. The share price with earnings per share
3. The treasury of the company with its own funds
The availability ratio of a company measures its ability to:
1. Take care of long-term debts
2. Finance fixed assets
3. Take care of short-term debts
The value of what it would cost to acquire an asset at the current time is called:
1. Replacement value
2. Liquidation value
3. Historical value
Commercial credits:
1. None of the other answers is correct
2. Are awarded by providers
3. They are obtained from financial entities