Non-current assets should be divided into the following categories Select one: a. Inventory b. Investments in associated enterprises c. Trade payables d. Cash and cash equivalents A credit agreement is subject to the requirements of Act 73 in regard to disclosure of what is termed the principle debt. This is made up of one of the following Select one: a. less the amount of the financial charges b. None of the above c. all other charges d. the cost price of the goods (less the agreed value of goods traded in) Which of the following does a company not need to submit in order to obtain a certificate to commence business: Select one: a. extracts of the register of directors and officers b. an application on the prescribed form c. proof of payment for salaries d. a statement of opinion, from each director, that the capital is adequate or, if not adequate, the reasons why it is not adequate, and the source from which the necessary finance can be obtained There are four main classes of debentures. Which of the following does not form part of the main classes: Select one: a. Floating debentures b. Naked or simple debentures c. Mortgage debentures d. Redeemable debentures