Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I) A connection through which propels and other receivables are supported and sold in a sort of asset is known as: (A) Factoring (B) Forfeiting

I) A connection through which propels and other receivables are supported and sold in a sort of asset is known as:

(A) Factoring

(B) Forfeiting

(C) Securitisation

(D) Bill Discounting

II) Which of the going with sorts of significant worth financing is especially planned for sponsoring High Risk and High Reward projects?

(A) ADR

(B) GDR

(C) FCCB

(D) Venture Capital

III) In Net Profit Ratio, the denominator is:

(A) Credit Sales

(B) Net Sales

(C) Cost of Sales

(D) Cost of Goods Sold

IV) Degree of working impact is:

(A) EBIT/EBT

(B) Contribution/EBT

(C) Contribution/EBIT

(D) None of these

V) On recuperation of Debentures, the total lying in Debenture Redemption Reserve, which isn't, presently fundamental to be held, ought to be moved to

(A) Revaluation Reserve

(B) Securities Premium Reserve

(C) Capital Reserve

(D) General Reserve

VI) Rate of provisioning by a Bank for Advances questionable for over 1 year yet under 3 years is

(A) 25%

(B) 40%

(C) 60%

(D) 100%

VII) Balance of Interest Accrued on Security Deposit A/c of an Electricity affiliation ought to be appeared

(A) under Current Liability

(B) under Non-current Liability

(C) under Current Asset

(D) under Non-current Asset

VIII) Which of the going with things isn't a piece of pay from working exercises?

(A) Collection from clients

(B) Payment of striking wages

(C) Payment to providers of hardware

(D) Advances to new providers for unpleasant materials

IX) Which of coming up next is an insignificant resource?

(A) Trade Marks

(B) Franchises

(C) Accounts Receivables

(D) Secret Profit

X) Inventory is

(A) Included in Fixed Assets

(B) An experience

(C) A part of Current Assets

(D) An interesting

XI) Which of coming up next is/are the source/s of compensation issue of offers?

(A) Free Reserves

(B) Securities Premium Account

(C) Capital Redemption Reserve Account

(D) All of the recently referenced

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Fundamentals

Authors: John J. Wild

8th Edition

1260728609, 9781260728606

More Books

Students also viewed these Accounting questions