ADM-Practice Test 1

What is the meaning of "stock" in a share market table?

• The amount of shares traded during a specific period
• The name of the company whose shares are being traded
• The price at which a share is traded
• The value of the company's assets

What does "close" mean in a share market table?

• The opening price of a share for the day
• The highest price of a share for the day
• The lowest price of a share for the day
• The final price of a share for the day

What does "move" indicate in a share market table?

• The change in price of a share from the previous day's closing price
• The change in volume of shares traded from the previous day
• The change in the company's net income from the previous year
• The change in the company's market capitalization from the previous quarter

What does "turnover" mean in a share market table?

• The number of shares traded during a specific period
• The total value of shares traded during a specific period
• The difference between the opening and closing prices of a share
• The total number of shareholders in a company

What does "dividend yield" indicate in a share market table?

• The percentage of net income paid out to shareholders in the form of dividends
• The total value of dividends paid out to shareholders during a specific period
• The percentage change in the company's stock price over a period of time
• The amount of annual dividends per share divided by its stock price

What does "p/e ratio" mean in a share market table?

• The ratio of the company's net income to the number of outstanding shares
• The ratio of the company's share price to its earnings
• The ratio of the company's debt to equity
• The ratio of the company's assets to liabilities

What is the significance of "52 weeks high and low" in a share market table?

• It indicates the highest and lowest prices at which a share has traded in the past year
• It indicates the highest and lowest number of shares traded in the past year
• It indicates the highest and lowest earnings of the company in the past year
• It indicates the highest and lowest dividends paid out by the company in the past year

Which of the following is a primary responsibility of a financial accountant?

• Developing financial strategies
• Conducting cost analyses
• Preparing financial statements for external stakeholders
• Researching tax laws and regulations

What is the role of a management accountant in a business?

• Conducting independent audits of financial statements
• Providing tax planning and compliance advice
• Developing and implementing financial strategies to achieve business goals
• Analyzing and monitoring business costs

How can a tax accountant assist individuals and businesses?

• By conducting internal audits to assess compliance
• By providing advice on cost reduction strategies
• By researching and analyzing tax laws and regulations
• By developing financial strategies to achieve business goals