TEST SELECTIVIDAD 409.- Created by Antonio Ginés

To overcome a situation of financial imbalance in the short term, the company could:
1. Expands its capital
2. Expand its stocks
3. Acquire more fixed assets
In the financial situation of suspension of payments, the working capital is:
1. Positive
2. Negative
3. Zero
Which of the following assets has less liquidity?
1. Raw materials
2. Technical facilities
3. Cash, euros
A company that buys ties to sell them without making any type of transformation, classifies their stocks as:
1. Finished products
2. Raw materials
3. Merchandise
Those that provide raw materials and other resources necessary to produce the products in exchange for a price are:
1. Intermediaries
2. They are part of the general environment of the company
3. Suppliers
A company presents a situation of financial stability when:
1. Part of current assets is financed with permanent resources
2. The entire asset is financed with own funds
3. Current liabilities finance current assets and part of non-current assets
Which of the following elements isn't a part of the annual accounts?
1. Daybook
2. Statement of changes in equity
3. Balance
Which of the following elements is most required?
1. Share capital
2. Suppliers
3. Long-term debts with credit institutions
The Statement of Changes in Equity:
1. It doesn't belong to the annual accounts
2. It reflects the changes in the fixed assets of a company from one year to another
3. Reflects changes in the composition of the company's net worth from one year to another
The patrimonial analysis of financial statements corresponds to:
1. The anaysis of the composition and relative weight of net worth, assets and liabilities
2. The analysis of the financial resource used by the company to check if they are the most adequate to guarantee the efficient flow of funds (liquidity)
3. The analysis of the profitability of investment and capital used in the company
Regarding the annual accounts, we can affirm that:
1. They are mandatory exclusively for social interest companies
2. They are mandatory and must be prepared within a maximum period of three months from the closing date of the financial year
3. They are made up of the Balance Sheet and the Statement of Cash Flows
The systematic loss of value suffered by fixed assets due to their incorporation into the production process is:
1. Provisions
2. Amortizations
3. Reserves
A positive working capital means:
1. That current assets would be financed only with short-term liabilities
2. That a part of the non-current assets would be financed with short-term liabilities
3. That a part of current assets would be financed with permanent resources
Let us suppose that the tax rate of the Corporation Tax goes from 25% to 20%. Would this affect profitability?
1. Yes, it will drive a growth in financial profitability (keeping equity constant)
2. Yes, it will increase the economic profitability (keeping the assets constant)
3. No, taxation is neutral with respect to profitability
The Statement of Cash Flows:
1. Reflects the financial situation of the company at the end of a certain financial year
2. It belong to the annual accounts
3. It's an accounting document that reflects the profits or losses of the company
Non-current liabilities include:
1. Short-term loans
2. Long-term loans
3. Creditors
If the guarantee ratio (Assets/Liabilities) is equal to the unit:
1. The company is facing maximum financial stability
2. The company has a positive working capital
3. The company has a very high level of indebtedness
If the sum of equity and non-current liabilities is significantly less than non-current assets, then the company is in a situation of:
1. Suspension of payments
2. Total financial stability
3. Normal financial stability
It isn't part of the annual accounts:
1. The memory
2. The articles of incorporation
3. The profit and loss account
The criteria used for the organization of the Economic Structure of the company, according to the General Accounting Plan is:
1. Permanence criterion
2. Criterion of enforceability
3. Liquidity criterion
If the guarantee ratio (Assets/Liabilities) is equal to 2:
1. The company has a debt equivalent to 50% of the assets
2. The company has a positive working capital
3. The company is facing maximum financial stability
The analysis that aims to study the structure and composition of assets and equity and liabilities, as well as the relationships between the different assets:
1. It's the financial analysis
2. It's the patrimonial analysis
3. It's the economic analysis
If a company is in suspension of payments, what measures would be proposed?
1. Reduce capital
2. Declare bankruptcy and close the business
3. Renegotiate the debt with the creditors and analyze the causes of the situation
If we read in a news story that a company X plans to open 200 new stores and hire 3,000 people, it's an example of:
1. Market penetration
2. Diversification
3. Horizontal integration
Considering a certain operation profit, if the value of the asset increases, then the economic profitability:
1. Will not vary
2. Will decrease
3. Will increase
If the non-current assets are greater that the sum of the net worth and the non-current liabilities, then the company is in a situation of:
1. Normal financial stability
2. Total financial stability
3. Suspension of payments
The cash flow statement:
1. Reports on the origin and use the monetary assets, indicating the net variation of this magnitude in the year
2. Reflects the depreciation suffered by the company's fixed assets as a result of use, the passage of time or technological advance
3. It's mandatory for all companies, together with the rest of the annual accounts
Economic profitability increases if:
1. The Assets increase, decreasing Earnings Before Interest and Taxes
2. The Assets decrease, keeping the Earnings Before Interest and Taxes constant
3. The Earnings Before Interest and Taxes increase, increasing the Assets in a greater proportion