The 'Financial Management' decision relating to the mix of debt and equity is called: MCQ with Answer and Explanation

The 'Financial Management' decision relating to the mix of debt and equity is called:
A. Dividend decision
B. Financing decision
C. Liquidity decision
D. Investment decision
Answer: Option B
Solution (By JKSSB Mock Tests)
Financing decision concerns how to raise funds, i.e., capital structure.

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Practice More Accountancy and Book Keeping Questions

Question #1
The 'GST Council' decisions require how much majority?
A. Three-fourths of weighted votes
B. Simple majority of members present
C. Unanimous
D. Two-thirds majority

Correct Answer: Option A


Explanation:
As per Article 279A, decisions are by majority of not less than three-fourths of weighted votes of members present and voting, with Union's weight one-third and states' two-thirds.

Question #2
The 'e-Way Bill' validity for distance up to 100 km is:
A. 2 days
B. 1 day
C. 5 days
D. 3 days

Correct Answer: Option B


Explanation:
For up to 100 km, e-way bill is valid for 1 day.

Question #3
GST collected on sales is credited to:
A. Output GST Liability Account
B. Sales Account
C. Purchase Account
D. Input GST Credit Account

Correct Answer: Option A


Explanation:
GST collected from customers is a liability to government, recorded as Output GST.