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  • The type or branch of accounting that generates reports for the use of external parties such as creditors, investors and government agencies is known as: #61
  • Which one is the capital expenditure? #62
  • Martel stock is currently trading at £63 a share. The firm feels their primary clientele can afford to spend between £3,000 and £ 3,500 to purchase a round lot of 100 shares. The firm consider a: #63
  • Anything that is expected to be converted into cash or consumed by the business within one year from the date of the balance sheet is classified as a(n) #64
  • Which of the following items is a long-term liability? #65
  • Goodwill is classified as which one of the following assets? #66
  • The statement of changes in equity includes reconciliation between: #67
  • In the statement of changes in equity the effects of the retrospective application of a change in accounting policy is presented: #68
  • Under which depreciation method the amount of depreciation expenses remains throughout the useful life of a fixed asset? #69
  • A financial statement that shows inflows and outflows of cash during a particular period of time is known as: #70
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