TEST SELECTIVIDAD 405.- Created by Antonio Ginés

The profit and loss account includes the accounts of:
1. Income and expenses
2. Assets and liabilities
3. Collections and payments
The corporate patrimony is made up of:
1. Rights and obligations
2. Goods, rights and obligations
3. Goods and rights
In the financial situation of maximum stabillity:
1. The net is zero
2. Liabilities are zero
3. Liabilities are greater than zero
What is the item customers on the balance sheet of a company?
1. It's a non-current asset
2. It's a financial asset
3. It's a current asset
A company-owned computer program is:
1. A financial asset
2. A tangible asset
3. An intangible asset
The non-current assets of a company consist of:
1. Assets that remain for more that one year in the company
2. Debts of clients with a business relationship of more than three years
3. Long-term debts
The profitability ratios relate:
1. Profits and investments
2. Sales and investments
3. Purchasing and investments
What is the operating result?
1. The difference between sales ans purchases
2. The difference between non-financial income and non-financial expenses
3. The difference between debts with suppliers and those of customers
The set of patrimonial elements that constitute goods owned by the company and rights in its favor is called:
1. Net equity elements
2. Equity elements of liabilities
3. Assets
The following financial sources would be included in current liabilities:
1. Short-term loans
2. Share capital
3. Long-term loans
The item of customers on the balance sheet is:
1. A financial asset
2. A current asset
3. A non-current asset
Equity and liabilities on a balance sheet represent:
1. The economic structure
2. The financial structure
3. The patrimonial structure
On the balance sheet of a company:
1. Assets include sources of financing
2. Investments are related to equity and liabilities
3. The net worth and liabilities include the financial structure
If the assets of a company are equal to the net equity:
1. We are facing the maximum financial stability
2. The company is in a serious situation of instability
3. The entrepreneur has invested all his money in the business
The obligation of the employer is:
1. Ensure compliance with competition in the markets where it works
2. Keep the accounting in chronological order
3. Create jobs, employing the unemployed registered in the employment offices
A 30-months debt to a financial institution is:
1. Financial assets
2. Permanent capital or non-current liabilities
3. Current liabilities
The Commercial Code establishes that the employer must prepare the annual accounts that are made up of:
1. Record of receipts and payments, inventories, statement of changes in equity, statement of cash flows and profit and loss account
2. Minutes, Diary book and Inventories, statement of changes in equity, statement of cash flows and profit and loss account
3. Balance Sheet, memory, statement of changes in equity, statement of cash flows and profit and loss account
A normal equilibrium situation is characterized by the fact that the asset is equal to:
1. The liability plus the net
2. The liability
3. The net worth
The technical bankrupcy of a company occurs when:
1. Assets are higher than liabilities
2. Current assets are less than current liabilities, and this situation is permanent
3. Non-current assets are higher that current assets
The annual accounts established in the Commercial Code are:
1. The Daybook the statement of changes in equity, the statement of cash flows and the General Ledger
2. The Balance Sheet, the statement of changes in equity, the statement of cash flows and the Profit and Loss account
3. The Balance Sheet, the Profit and Loss account, the statement of changes in equity, the statement of cash flows and the Report
To what patrimony mass does the "Suppliers" item belong?
1. Current liabilities
2. Fixed assets
3. Non-current liabilities
The economic profitability is:
1. The return on some of the company's investments
2. The return on the company's total investments
3. The return on capital
The following financial sources would be included in current liabilites:
1. Five-year credits
2. 10-year loans
3. Six-months loan
Solvency is the ability of the company to:
1. Pay debts with the guarantee of its assets
2. Invest without having to go into debts
3. Convert its investments into liquid means of payment
Gross margin is called:
1. Income minus variable cost
2. Profit from ordinary activities
3. Amount the company keeps after paying expenses