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Title: FINANCE MCQ'S AND ONE WORD
Description: These notes contain basics of Finance in the form of MCQ and One Word which would help you know the basic terms of finance

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100 Questions (One word + mcq's ) with answers related to general
finance
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What is the difference between revenue and profit?
a) Revenue is the money a company makes, while profit is the money it keeps after expenses
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c) Revenue and profit are the same thing
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Answer: a) Revenue is the money a company makes, while profit is the money it keeps after
expenses
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What is a balance sheet?
a) A financial statement that shows a company's revenues and expenses over a period of time
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c) A financial statement that shows a company's cash inflows and outflows over a period of
time
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Answer: b) A financial statement that shows a company's assets, liabilities, and equity at a
specific point in time
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What is an income statement?
a) A financial statement that shows a company's revenues and expenses over a period of time
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c) A financial statement that shows a company's cash inflows and outflows over a period of time
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b) Stocks pay a fixed rate of interest, while bonds pay a variable rate of interest
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d) None of the above
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b) Mutual funds are passively managed, while index funds are actively managed
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d) None of the above
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b) A loan that a company takes out from a bank
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d) None of the above
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b) When a company reduces the number of shares of its stock
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d) None of the above
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Title: FINANCE MCQ'S AND ONE WORD
Description: These notes contain basics of Finance in the form of MCQ and One Word which would help you know the basic terms of finance