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Muhammad Ramzan Tufail  ACCA's image
Question added by Muhammad Ramzan Tufail ACCA Assistant Finance Manager Eltizam Asset Management Group
9 years ago
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12
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Khaled Mohee Eldeen Abbas Mahmoud's image
Question added by Khaled Mohee Eldeen Abbas Mahmoud Chartered Accountant # 10465 Self-employed
11 years ago
Answers:
4
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197
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4
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Muhammad Ramzan Tufail  ACCA's image
Question added by Muhammad Ramzan Tufail ACCA Assistant Finance Manager Eltizam Asset Management Group
9 years ago

The maximum amount with which the company is registered is called:‎

A)  Authorized Share CapitalB)  Issued Share CapitalC)  Paid up capitalD)  Called up capital ‎

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11
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397
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1
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Muhammad Ramzan Tufail  ACCA's image
Question added by Muhammad Ramzan Tufail ACCA Assistant Finance Manager Eltizam Asset Management Group
9 years ago

Debenture is also named as:‎

A)  Share B)  Bond C)  Equity D)  Reserve‎

Answers:
6
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707
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0
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Muhammad Ramzan Tufail  ACCA's image
Question added by Muhammad Ramzan Tufail ACCA Assistant Finance Manager Eltizam Asset Management Group
9 years ago

Which of the following factors might prompt a company to switch to an automated payroll system?‎

a.      A.  Income tax rates        B. Number of employees being paid        C. Annual raises are coming up        D. Payroll staff has increased‎

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8
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514
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0
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Muhammad Ramzan Tufail  ACCA's image
Question added by Muhammad Ramzan Tufail ACCA Assistant Finance Manager Eltizam Asset Management Group
9 years ago

How often should payroll be reconciled?‎

a. Hourly b. Once per payroll period c. Weekly d. Annually ‎

Answers:
2
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624
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0
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Muhammad Ramzan Tufail  ACCA's image
Question added by Muhammad Ramzan Tufail ACCA Assistant Finance Manager Eltizam Asset Management Group
9 years ago

Which of the following is an example of an internal control for payroll?‎

A. Giving employees cash instead of checks B. Having the company CFO review all financial reports C. Putting employee pay stubs and/or checks in sealed envelopes D. Pay‎ ... See More

Answers:
1
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133
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0
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Muhammad Ramzan Tufail  ACCA's image
Question added by Muhammad Ramzan Tufail ACCA Assistant Finance Manager Eltizam Asset Management Group
9 years ago

Mike is the payee of a $20,000, 180-day, 8% note. On maturity, the note maker fails to pay.‎

How much interest income should Mike receive on the dishonored note?‎

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1
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729
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0
Answer should contain a minimum of 25 characters.