ACAMS Practice Questions
Accounting Cycle and Classifying Accounts
Accounting for Merchandising Activities
Accounting for Pensions
Accounting Information Systems
Activity Based Costing
Adjusting Accounts for Financial Statements
Advertising and Public Relations
Analysis and Forecasting Techniques
Analyzing and Recording Transactions
Asset Demand and Supply under Uncertainty
Auditing and Attestation
Bonds and Long Term Notes Payable
Business Analytics & Technology Management Chapter 2
Business Analytics & Technology Management Chapter 3
Business Analytics & Technology Management Chapter 4
Business Analytics & Technology Management Chapter 5
Business Analytics & Technology Management Chapter 6
Business Ethics and Governance
Business Organisations and Environment
Business Process Performance
California Real Estate
Capital Budgeting and Managerial Decisions
Changes in Accounting Principles
Changing Marketing Environment
Consolidated Financial Statements
Cost Accounting Final exam
Cost Accumulation Systems
Cost Allocation Techniques
Cost and Managerial Accounting
Cost of Capital
Cost Terms and Classifications
Cost Volume Profit Analysis
Currency Exchange Rates
Customer Relationships and Value
CVP Analysis and Marginal Analysis
Decision Makers Household Sector
Demand for Money
Derivative Instruments and Hedging Activities
Dividends, Shares, and Income
Employee Training and Development
Environments of Business
Essence of Management
Ethical and Professional Standards
Ethics and Social Responsibility
Ethics for Management Accountants
Federal Securities Acts
Financial and the Nonfinancial Sectors
Financial Decision Making
Financial Intermediaries and Financial Markets
Financial Markets and Securities Offerings
Financial Statements and Accounting Transactions
Flexible Budgets and Standard Costs
Florida Real Estate MCQs
Fundamental Accounting Principles
Global Marketing and World Trade
Governmental Accounting State and Local
Human Resource Management
Human Resource Planning
Insurance and Risk Management
Integrated Marketing Communications and Direct Marketing
Interactive Marketing and Electronic Commerce
Internal Auditing and Systems Controls
Internal Control and Cash
Interpersonal and Organizational Communication
Introduction to Business
Introduction to Human Resource Management
Introduction to Human Resources Assessment
Investment Risk and Portfolio Management
Job Order Costing
Long Term Investment
Long Term Securities
Management and Cost Accounting
Managerial Accounting Concepts and Principles
Managing Organizational Change
Managing Production and Operations
Managing Products and Brands
Market Segmentation Targeting and Positioning
Marketing and Corporate Strategies
Marketing Channels and Wholesaling
Master Budgets and Planning
Mergers and Acquisitions
Money and Banking
Not For Profit Accounting
Organization and Operation of Corporations
Organizational Markets and Buyer Behaviour
Organizational Structure and Design
Personal Selling and Sales Management
Principles and Practices of Management
Production and Operations Management
Profitability Analysis and Analytical Issues
Profitability Analysis and Decentralization
Property Plant and Equipment
Reporting and Analyzing Cash Flows
Responsibility Accounting and Performance Measures
Risk and Procedures for Control
Service Department Costing
Short Term Financing
Short Term Investment
Standard Costs and Variance Analysis
Statement of Cash Flow
Statement of Comprehensive Income
Statement of Financial Position
Stock Market and Stock Prices
Strategic Marketing Process
Structure of Interest Rates
Supply Chain and Logistics Management
System Analysis and Design
Texas Real Estate
The Management Challenge
Total Quality Management
Understanding Exchange Rates
Understanding Interest Rates
Understanding Interest Rates Determinants
Decision Makers MCQs
Which of the following is not one of the major sectors of the economy?
Receipts and expenditures are recorded in the
net worth statement.
historical cost statement.
From which sector of the economy does the largest and most volatile source of the funds originate from?
Household and unincorporated businesses
Which sector of the economy is its largest lender?
Government budget figures are distorted because of
Limitations to statistical theory
Delays in obtaining the relevant financial information.
Mismeasurement issues related to the magnitude of the required information.
Purchases of assets and current spending are treated the same.
One problem with the National Balance Sheet Accounts is that financial institutions report their assets in
values that are always higher than their assets.
Another problem with the National Balance Sheet Accounts is that financial institutions report their assets in
terms of purchasing power
_______________ shows the difference between revenue and expenses.
A financial flow account
An income statement
A balance sheet
A balance of payments account
If a sector’s current surplus is less than its current expenditure, then it
Has a surplus.
Has a deficit.
Is in balance.
Makes a profit.
If a sector’s current revenue is $200 million and its current expenditure is $450 million, then it
has a surplus of $50 million.
has to borrow $250 million.
has to borrow $50 million.
increases its net worth by $50 million.
If the total assets and liabilities of a sector are valued at $400 million and $200 million respectively, then its net worth is
not known because of insufficient information.
The Federal Government’s published deficit figure for a given fiscal year is not necessarily the same as its borrowing requirements because of
a contingency reserve.
non-budgetary transactions and a contingency reserve.
open market operations.
Which one of the following is an example of real assets?
All of the following are examples a stock variable (as opposed to a flow variable)
Which of the following is an example of flow measures?
Surplus funds in the business sector are referred to as
Analysis of ___________ informs us about capital movements between different sectors of the economy.
The national income accounts.
The input-output table.
The flow of funds.
The capital account.
Changes in net worth are equal to
changes in financial assets less changes in liabilities.
changes in non-financial assets less changes in liabilities.
changes in financial assets plus changes in non-financial assets less changes in liabilities.
changes in financial assets plus changes in non-financial assets plus changes in liabilities.
An increase in a sector’s holdings of other financial assets indicates
an increase in borrowing.
an increase in lending.
an increase in money holdings.
an increase in liabilities.
In the flow of funds, the financial system is
the ultimate source of funds.
the main user of funds.
an intermediary between the sources and users of funds.
Copyright © 2015
| All Rights Reserved