1. Financial instruments include --- a. Financial Assets and Financial Liability b. Finance c. Financial Management d. None of the Above (05 X 0.5-2.5 Ma 2. will fall on asset side of one company, and it will fall on liability side of another company a. Financial Accounting b. Cost Accounting c. Financial instrument d. None of the above 3. If one company buy a share of other company, then it is because there is no obligation on company to pay. a. Equity Instrument b. Building c. Cash d. None of the Above 4. Financial Assets do not include the following--- a. Stock b. Prepaid Expenses c. Fixed Assets d. All the above 5. Examples of Non-financial assets- a. Cash b. Bank Balance c. Both A and B d.) None of the Above. 6. Financial instrument is an any contract binding agreement between two parties. True False An asset having no contractual right to receive cash. True False