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

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bBig income

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cKnown owners

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d Goodwill

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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

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bEconomic return

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cEarning value

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dGain

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View Answer Economic return

What represents the share of participation in business organizations?


aFranchise

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bPartnership

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cStock

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dCorporation

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View Answer Stock

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


aCapital

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bFunds

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cAssets

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dLiabilities

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View Answer Capital

What refers to the claim of anyone to ownership ?


aProprietorship

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bAssets

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cEquity

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dLiability

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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

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bEquity

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cReturn

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dPar value

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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

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bReturn

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cShare of stock

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dEquity

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View Answer Dividend

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


aAuthorized stock

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b Preferred stock

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c Incorporator’s stock

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dPresidential stock

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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

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bPreferred stock

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cIncorporator stock

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dCommon stock

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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

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bInvestors

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cCorporation

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dStockholders

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View Answer Corporation

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