1.
Profitability Index, when applied to divisible projects, impliedly assumes that
a
NPV is addictive in nature
b
NPV is linearly proportionate to part of the project taken up
d
Project cannot be taken in parts
2.
Accounting ratios can be expressed in the following forms:
3.
As per SEBI's guidelines underwriting is
4.
According to the decision in Garner vs. Murray, in the absence of any agreement to the contrary, the deficiency of the insolvent partner must be borne by other solvent partners in proportion to
b
Profit and loss sharing ratio
c
Their initial capital invested in the firm
d
Capital which stood before dissolution of the firm
5.
A company pays dividend at the
a
End of the financial year
6.
Which of the following statement are correct
a
Inventory includes raw materials, finished goods, and work in progress
b
Inventory is a part of the working capital
d
Inventory includes goods likely to be purchased
7.
Which of the following reserves cannot be utilised for making the partly paid up shares fully paid up?
a
Plant Revaluation Reserve
b
Securities Premium Account
c
Capital Redemption Reserve Account
8.
Modigliani and Miller's dividend policy of a firm is
9.
EBIT /Total Assets Ratio is
10.
Dividend is allocated to the shareholders of
11.
The amount in unpaid dividend accounts of companies shall be transferred to the
a
Investor Protection Fund
b
Investor Education and Protection fund
c
Dividend Equalisation Reserve of the company
d
General Revenue Account of the Central Government
12.
Which of the following are examples of flexible working practices?
d
Flexible hours arrangement
13.
How the deferred revenue expenses are treated in the books of accounts?
a
Such expenses are taken to Profit and Loss Account in part every year and thus unwritten off portion may be allowed to stand in the balance sheet on the asset side.
b
Such expenses are charged fully to the Profit and Loss Account of the year in which these are incurred.
14.
Under the head 'current liabilities', the following items are disclosed in the Final Accounts of a company
a
Acceptance or Bills Payable
c
Outstanding expenses and Advance Incomes
15.
Which trade policy results in the government levying both a specific tariff and an ad-valorem tariff on imported goods
