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 Multiple Choice Multiple Answer

  Question  

The internal staffing performance indicators are :-

  Correct Answer  

Sales per employee , Recovery rate , Utilization %

  Your Answer  

Utilization % , Sales per employee , Recovery rate

 

 Multiple Choice Single Answer

  Question  

Human Assets accounting stands for :-

  Correct Answer  

Measurement & reporting of the cost and value of people as organisational resources

  Your Answer  

Measurement & reporting of the cost and value of people as organisational resources

 

 True/False

  Question  

Baumul`s Model is similar to EOQ model in inventory management.

  Correct Answer  

True

  Your Answer  

True

 

 True/False

  Question  

Money becomes less valuable when received at a latter stage instead of in present time.

  Correct Answer  

True

  Your Answer  

True

 

 Multiple Choice Single Answer

  Question  

In an aggressive approach :-

  Correct Answer  

There is a very large risk of shortage of funds

  Your Answer  

There is a very large risk of shortage of funds

 

 True/False

  Question  

Book value is based on the balance sheet value of owner's equity.

  Correct Answer  

True

  Your Answer  

True

 

 True/False

  Question  

If a company has resorted to buyback its shares, it cannot make a further issue of the same kind of securities within a period of 1 year.

  Correct Answer  

False

  Your Answer  

False

 

 Multiple Choice Multiple Answer

  Question  

The major conditions to be fulfilled for buyback of shares as per the legal provisions include :-

  Correct Answer  

Articles of association should authorize buyback of shares , The shares which are sought to be bought back should be fully paid up , After the buy back the ratio of debt to total capital and free reserves should not be more than 2 : 1

  Your Answer  

Articles of association should authorize buyback of shares , The shares which are sought to be bought back should be fully paid up , After the buy back the ratio of debt to total capital and free reserves should not be more than 2 : 1

 

 Multiple Choice Multiple Answer

  Question  

The main theories behind share repurchases are :-

  Correct Answer  

Dividend or personal taxation hypothesis , Leverage hypothesis , Information or signalling hypothesis

  Your Answer  

Dividend or personal taxation hypothesis , Information or signalling hypothesis , Wealth transfer among employees and managers

 

 True/False

  Question  

The buyback shall be made only on stock exchanges with electronic trading facility.

  Correct Answer  

True

  Your Answer  

True

 

 Multiple Choice Multiple Answer

  Question  

For M & As, the acquiring firm needs industry data on :-

  Correct Answer  

Market growth , Nature of competition , Degree of regulation

  Your Answer  

Market growth , Marketing capabilities , Degree of regulation

 

 Select The Blank

  Question  

As per NOI Approach - the overall capitalization rate remains ________ for all levels of financial leverage.

  Correct Answer  

Constant

  Your Answer  

Constant

 

 Multiple Choice Multiple Answer

  Question  

Valuation methods are highly specific to the following for doing the valuation :-

  Correct Answer  

To the person , To the firm , To the Consultant

  Your Answer  

To the firm , To the Consultant , To the employees of the company

 

 Select The Blank

  Question  

At times managers invest in projects that improve the company's ________.

  Correct Answer  

Prestige or power

  Your Answer  

Prestige or power

 

 Multiple Choice Single Answer

  Question  

A high payout policy means :-

  Correct Answer  

More current dividends

  Your Answer  

More current dividends

 

 Select The Blank

  Question  

________ know the best about a firm's performance.

  Correct Answer  

Firm Managers

  Your Answer  

Firm Managers

 

 Multiple Choice Single Answer

  Question  

Equity includes :-

  Correct Answer  

Development Rebate Reserve

  Your Answer  

Interest Payable

 

 Multiple Choice Single Answer

  Question  

Short term sources of funds include :-

  Correct Answer  

Current Liabilities

  Your Answer  

Current Liabilities

 

 Multiple Choice Multiple Answer

  Question  

Shortage costs are mainly in the form of :-

  Correct Answer  

Disruption in production schedule , Loss of sales , Loss of customer goodwill

  Your Answer  

Financing a lower level of fixed assets , Disruption in production schedule , Loss of sales

 

 Select The Blank

  Question  

In today's fast moving world, the quickest way to get information on a firm is through ________.

  Correct Answer  

Internet

  Your Answer  

Internet

 

 Select The Blank

  Question  

Buy back through book building the process should be made through ________.

  Correct Answer  

An electronically linked transparent facility

  Your Answer  

An electronically linked transparent facility

 

 True/False

  Question  

work in progress means the inventories are semi manufactured products.

  Correct Answer  

True

  Your Answer  

True

 

 Select The Blank

  Question  

Cost of ________ is more than other sources for raising short - term finance.

  Correct Answer  

Bank finance

  Your Answer  

Bank finance

 

 Multiple Choice Single Answer

  Question  

Segment reporting comes under :-

  Correct Answer  

AS 17

  Your Answer  

AS 23

 

 Multiple Choice Multiple Answer

  Question  

The 3 groups of participants in a firm are :-

  Correct Answer  

Suppliers of equity , Debt suppliers , Firm Managers

  Your Answer  

Suppliers of equity , Debt suppliers , Firm Managers

 

 Multiple Choice Single Answer

  Question  

The development aspect of training in firms focus on :-

  Correct Answer  

Promotion to higher job levels

  Your Answer  

Acquisition of necessary skills essential for a job

 

 Select The Blank

  Question  

Long term cash forecasting is generally for a period of ________ years.

  Correct Answer  

3 to 5 years

  Your Answer  

5 - 8 years

 

 Multiple Choice Single Answer

  Question  

Segment information needs to be presented :-

  Correct Answer  

Only on the basis of the consolidated financial statements

  Your Answer  

As general purpose financial statement

 

 Select The Blank

  Question  

HLL the largest FMCG company has a turnover of Rs. ________.

  Correct Answer  

118 Bn

  Your Answer  

118 Bn

 

 Multiple Choice Multiple Answer

  Question  

The budgetary records are useful for:-

  Correct Answer  

Providing a rationale for division of costs , Replacing missing data , Validating accounting costs

  Your Answer  

Validating accounting costs , Allocating indirect costs into different cost centres , Providing a rationale for division of costs

 

 Multiple Choice Multiple Answer

  Question  

Indicators of the value of an investment are obtained by :-

  Correct Answer  

Reference to its market value , The investee`s assets , The expected cash flows from the investment

  Your Answer  

Reference to its market value , The expected cash flows from the investment , Current investment valuation

 

 Multiple Choice Multiple Answer

  Question  

The support elements consists of important functions such as :-

  Correct Answer  

Payroll , Accounting , Automatic data processing

  Your Answer  

Payroll , Accounting , Automatic data processing

 

 Multiple Choice Single Answer

  Question  

Most companies focus only on :-

  Correct Answer  

Return on investment

  Your Answer  

Return on investment

 

 Multiple Choice Single Answer

  Question  

Cost benefit analysis is the simplest form of comparison between :-

  Correct Answer  

Ideas to determine which is faster, better or cheaper

  Your Answer  

Ideas to determine which is faster, better or cheaper

 

 Multiple Choice Single Answer

  Question  

Accounts payable is also known as :-

  Correct Answer  

Trade credit from suppliers

  Your Answer  

Trade credit from suppliers

 

 Select The Blank

  Question  

the commercial paper may be issued in the multiples of ________.

  Correct Answer  

5 lakhs

  Your Answer  

1 lac

 

 True/False

  Question  

According to NOI Approach, any capital structure is optimum.

  Correct Answer  

True

  Your Answer  

False

 

 Match The Following

Question

Correct Answer

Your Answer

Terminal warehouse receipt

Inventory is stored with a public or terminal warehousing company

Inventory is stored with a public or terminal warehousing company

Floating lien

Loose arrangement as the lender may find it difficult to police

Loose arrangement as the lender may find it difficult to police

Chattel mortgage

Well suited for financial good inventories of capital goods

Well suited for financial good inventories of capital goods

Trust receipt

Specifically identified by serial number or other means

Specifically identified by serial number or other means

 

 Multiple Choice Single Answer

  Question  

Acceptable audit requirements cannot be overlooked even under the pressure of :-

  Correct Answer  

Timeliness & turnaround

  Your Answer  

Timeliness & turnaround

 

 True/False

  Question  

The intellectual assets of a company are often worth 3 or 4 times the tangible book value.

  Correct Answer  

True

  Your Answer  

True

 

 Select The Blank

  Question  

________ government has made it mandatory to include in their annual reports information on customers, processes & human capital.

  Correct Answer  

Danish (Denmark)

  Your Answer  

Danish (Denmark)

 

 Match The Following

Question

Correct Answer

Your Answer

Amount involved in buy back

Not to exceed 25 % of the total paid up capital

Fully paid up

Articles of Association

Authorize buy back of securities

Authorize buy back of securities

Board of Directors

Resolution permitting the buy back of shares

Resolution permitting the buy back of shares

Shares to be bought back

Fully paid up

Not to exceed 25 % of the total paid up capital

 

 Multiple Choice Multiple Answer

  Question  

Shareholders returns consists of 2 components :-

  Correct Answer  

Dividend , Capital gains

  Your Answer  

Dividend , Capital gains

 

 Multiple Choice Multiple Answer

  Question  

A firm with a judicious mixture of debt and equity will have :-

  Correct Answer  

Lowest cost of capital , High value of firm , Good market reputation

  Your Answer  

Lowest cost of capital , High value of firm , Good market reputation

 

 True/False

  Question  

According to NI Approach, decrease in leverage decreases the overall cost of capital and increases the firm's value.

  Correct Answer  

False

  Your Answer  

True

 

 True/False

  Question  

The activity model is normally created by an activity Accountant.

  Correct Answer  

False

  Your Answer  

True

	LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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