LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/False Question
If the company buys back its own shares, it shall not make further issue of Bonus shares within a period of 24 months Correct Answer False Your Answer
False
Multiple Choice Multiple Answer Question The collection programme of the firm consists of Correct Answer Maintaining the state of receivables , Dispatch of letters to customers whose due date is approaching , Telegraphic and Telephonic advice to customers around the due date Your Answer Maintaining the state of receivables , Dispatch of letters to customers whose due date is approaching , Telegraphic and Telephonic advice to customers around the due date True/False Question
Private limited company can commence business immediately on incorporation Correct Answer True Your Answer
True
Select The Blank Question The component of interest payment only is debited to Profit and Loss account in case of higher charges whereas the payment against the capital repayment reduces ________ for the hirer Correct Answer Liability Your Answer
Asset
Multiple Choice Single Answer Question The company can raise the funds in the form of Public deposits which can be used Correct Answer For any purpose Your Answer
For any purpose
Select The Blank Question If the process of capital rationing is strictly followed then there will be avoidance of ________ projects Correct Answer smaller Your Answer
smaller
Multiple Choice Multiple Answer Question Factoring can be classified as Correct Answer Without Recourses factoring , With Recourse factoring