Civil Engineering MCQs

Page No. 57

__________________ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations?


a Status company


bBig income


cKnown owners


d Goodwill


View Answer Goodwill

The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as _____________________?


aYield


bEconomic return


cEarning value


dGain


View Answer Economic return

What represents the share of participation in business organizations?


aFranchise


bPartnership


cStock


dCorporation


View Answer Stock

Cash money and credit necessary to establish and operate an enterprise are generally called _____________________?


aCapital


bFunds


cAssets


dLiabilities


View Answer Capital

What refers to the claim of anyone to ownership ?


aProprietorship


bAssets


cEquity


dLiability


View Answer Equity

What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for ?


aDividend


bEquity


cReturn


dPar value


View Answer Equity

The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ___________________?


aDividend


bReturn


cShare of stock


dEquity


View Answer Dividend

What stock represents ownership and enjoys certain preferences than ordinary stock ?


aAuthorized stock


b Preferred stock


c Incorporator’s stock


dPresidential stock


View Answer Preferred stock

What represents the ownership of stockholders who have a residual claim on the assets of the corporation after all other claims have been settled ?


aAuthorized capital stock


bPreferred stock


cIncorporator stock


dCommon stock


View Answer Common stock

Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ________________________?


aPartnership


bInvestors


cCorporation


dStockholders


View Answer Corporation

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