You Are On Question Answer Bank SET 426
21303. In the election to the Presidentialship of Congress, Subhash Chandra Bose defeated:
Answer: Pattabhi Seetharamayya
21310. The portion of the value of work that the architect of the contractee agrees as to have been done is :
Answer: Work certified.
21314. The discount on reissue of forfeited shares should not exceed:
Answer: The amount paid by the original holder.
21322. A buffer to meet the un anticipated increase in the usage of material is called:
Answer: Safety stock.
21323. A project requires an initial investment of Rs.8,00,000 with annual cash inflow of Rs.2,00,000 for five years. Its payback period is :
Answer: 4 years.
21324. Assets sold by a firm in the capital market to raise fund is called:
Answer: Financial assets.
21325. Capital gearing refers to the relationship between equity capital and :
Answer: Long term debts.
21328. The method which recognize the time values of money by combining pay back with the net present value is :
Answer: Discounted pay back period.
21330. The quality of management is not directly disclosed in the books of accounts because of :
Answer: Money measurement concept.
21331. Amount withdrawn by the proprietor for personal use reduces both:
Answer: Assets and owners equity.
21332. ………. Represents minimum requirements for extending credit to a customer.
Answer: Credits standard.
21333. The difference between the total present value of a stream of cash flow of a given rate of discount and the initial capital outlay is known as :
Answer: NPV.
21334. According to ……….. approach, the total value of the firm remains constant irrespective of the debt –equity mix.
Answer: Net operating income.
21336. ………. refers to that EBIT level at which EPS remains the same irrespective of the Debt-Equity mix.
Answer: Point of indifference.
21338. In case of firms having r>k, the optimum dividend policy requires …….pay out ratio.
Answer: 0%.
21339. …….. committee suggested inventory and receivable norms for 15 major industries.
Answer: Tandon.
21342. …………..is a form of equity financing designed specially for funding high risk and high reward project?
Answer: Venture capital.
21343. Operating lease is favoured by lessee in respect of assets which depreciate in value on account of :
Answer: Obsolescence.
21346. In India, the issue of commercial papers came into being after the recommendations of :
Answer: Vaghul Committee.
21347. The loss incurred on an incomplete contract is transferred to ……..account.
Answer: Profit and loss.
21349. The guidance and regulation of the cost of operating by executive action is called:
Answer: Cost control.
21350. ……….. is that segment of activity of a business which is responsible for both revenue and expenses.
Answer: Profit centre.
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