Refer to the exhibit.Presented below are partial year-end financial statement data (000 omitted from dollar amounts) for companies A and B:If company A has a quick ratio of 2:1, then it has an accounts receivable balance of:
Answer(s): A
Preferred stock is less risky for investors than is common stock because:
Answer(s): C
Which of the following borrowing options is an unsecured loan?
Answer(s): B
In an analysis of alternative credit-management policies, which of the following components will cause the net present value of receivables on credit sales to increase, if everything else remains constant?
Post your Comments and Discuss IIA IIA-ACCA exam with other Community members:
Flyn Commented on March 19, 2025 This exam is very very difficult. Thanks for these question dumps. Anonymous
Zormelo-Ghana Commented on March 19, 2025 QUESTION 5 ANSWER: "Human resources personnel add employees and enter employee bank information. Payroll personnel process hours, and paychecks are automatically deposited in the employee's bank account." Why? Separation of employee setup and payroll processing HR adds employees and enters their bank details, preventing payroll from creating ghost employees. Payroll personnel only process hours and do not control employee addition or banking details. Anonymous
Jeelzs Commented on January 11, 2025 Awesome indeed Anonymous
Our website is free, but we have to fight against bots and content theft. We're sorry for the inconvenience caused by these security measures. You can access the rest of the IIA-ACCA content, but please register or login to continue.