Description : Debenture holders of a company are its - (1) Shareholders (2) Creditors (3) Debtors (4) Directors
Last Answer : (2) Creditors Explanation: Companies issue debentures instead of shares to extend their business. These debentures are issue to borrow loan from general public; interest is paid on the borrowed money ... holders. So a debenture holder is essentially a creditor who simply gives loan to the company.
Description : Bonus Shares are issued to– (A) Equity Shareholders (B) Preference Shareholders (C) Debenture Holders (D) Secured Creditors
Last Answer : Answer: Equity Shareholders
Description : As per AS-14 purchase consideration is payable to _________________. (A) Shareholders (B) Creditors (C) Debenture holders (D) Bank
Last Answer : Shareholders
Description : Appointment of a Company Secretary is made by– (A) Promoters (B) Board of Directors (C) Debenture holders (D) Government
Last Answer : Answer: Board of Directors
Description : A meeting of the shareholders held only once during the life time of the company is known as– (A) Meeting of the Directors (B) Meeting of the Creditors (C) Extraordinary General Meeting (D) Statutory Meeting
Last Answer : Answer: Statutory Meeting
Description : Which of the following groups suffer the most from inflation? (1) Debtros (2) Creditors (3) Business class (4) Holders of real assets
Last Answer : (2) Creditors Explanation: Inflation, or the general rise of price levels in an economy, has many deleterious effects. It leaves the economy as a whole poorer relative to pre-inflation levels of wealth ... substantial debt, each dollar one has to repay would be worth less than when it was borrowed.
Description : Who are the creditors of a Corporation? (1) Bond holders (2) Stock holders (3) Both Bond and Stock holders (4) Holders of preferred stock
Last Answer : (3) Both Bond and Stock holders Explanation: A creditor is a party (e.g. person, organization, company, or government) that has a claim to the services of a second party. ... or registration process established through legislation. Both bond holders and stock holders are creditors of a corporation.
Description : Who are the creditors of a Corporation ? (1) Bond holders (2) Stock holders (3) Both Bond and Stock holders (4) Holders of preferred stock
Last Answer : Both Bond and Stock holders
Last Answer : Creditors
Description : Who are Debenture holders of a company? -Do You Know?
Last Answer : answer:
Description : 1. What does Every object at a temperature above absolute zero? 2. Which year is celebrated as International Year of Forests? 3. Who are Debenture holders of a company? 4. Which is the ... Grand Trunk Road' connects which cities? 20. What was the original name of Swami Dayananda Saraswati?
Last Answer : Answer : 1. Radiates energy 2. 2001-2010 3. Its creditors 4. Ganga 5. St. George Fort 6. O 7. Consolidated Fund of India 8. Al 9. Punjab 10. Fort William 11. Oct 1, 1984 12. ... 15. Ram Mohan Roy 16. Nonpolitical body 17. Specific gravity 18. Tea 19. Kolkata and Amritsar 20. Mula Shankar
Description : The first Secretary of the company is appointed by– (A) Shareholders (B) Promoters (C) Government (D) Directors
Last Answer : Answer: Promoters
Description : A vacancy caused by the resignation of the auditor is filled only by the– (A) Board of Directors of the Company (B) Central Government (C) General Meeting of the shareholders (D) Managing Director of the company
Last Answer : Answer: General Meeting of the shareholders
Description : The first directors of a company are appointed by– (A) Promoters (B) Government (C) Shareholders (D) Company Law Board
Description : (i) In __________ Book-keeping system, only Cash/Bank A/c and Personal accounts of Debtors and Creditors are opened.
Last Answer : Fill in the Blanks : (i) In __________ Book-keeping system, only Cash/Bank A/c ... ____________ accuracy is not guaranteed under Single Entry System.
Description : 1 Pass opening entries: Debtors ₹ 20,000; Creditors ₹ 30,000; Computer ₹ 50,000 and Capital ₹ 40,000.
Last Answer : Journalise the following transactions in the Journal Proper of Mr. Mahadev. 1 Pass opening entries: ... Allowed cash discount of ₹ 1,000 to Ajay.
Description : Would have made it easier for debtors to pay their creditors?
Last Answer : Paper Money
Description : Sundry Debtors – Rs.15,000 Bills Receivable (B/R) – Rs.12,500 Cash at Bank – Rs.17,500 Stock – Rs.15,000 Profit – Rs.20,000 Creditors – Rs.25,000 Bills Payable (B/P) – Rs.15,000 Sales – Rs.1,00,000 What is the Acid Test Ratio ? (A) 1•5 : 1 (B) 1•125 : 1 (C) 16 2/3% (D) 50%
Last Answer : Answer: 1•125 : 1
Description : Which one of the following statements is correct ? When creditors' velocity or creditors' turnover is higher as compared to debtors' velocity, it would (A) improve liquidity (B) reduce liquidity (C) have no effect on liquidity (D) improve financial position
Last Answer : Answer: have no effect on liquidity
Description : Which of the following is not a cash inflow? a) Decrease in debtors b) Issue of shares c) Decrease in creditors d) Sale of fixed assets
Last Answer : c) Decrease in creditors
Description : Which of the following is not a cash inflow? A. Decrease in debtors B. Issue of shares C. Decrease in creditors D. Sale of fixed assets
Last Answer : C. Decrease in creditors
Description : Which of the following is not a cash outflow? A. Increase in Prepaid expenses B. Increase in debtors C. Increase in stock D. Increase in creditors
Last Answer : D. Increase in creditors
Description : The ratio which indicates how quickly debtors are converted into cash is--------- a) Receivable turnover ratio b) Inventory turnover ratio c) Working capital turnover ratio d) Creditors turnover ratio
Last Answer : a) Receivable turnover ratio
Description : The primary stakeholders are: A. Customers. B. Suppliers. C. Shareholders. D. Creditors.
Last Answer : Shareholders.
Description : As per AS – 14 purchase consideration is what is payable to A. Shareholders B. Creditors C. Debentureholders D. Shareholders and Debentureholders
Last Answer : A. Shareholders
Last Answer : C. Shareholders.
Description : An expectation of the public is that the auditor will recognize that the primary users of audit services are: a. The employees b. The investors and creditors c. The SEC d. The board of directors
Last Answer : The investors and creditors
Description : Justify the following statement: The Board of Directors is the elected representative of the shareholders.
Last Answer : Justify the following statement: The Board of Directors is the elected representative of the shareholders.
Description : Which one of following represents the Savings of the Private Corporate Sector? (1) Dividends paid to shareholders (2) Total profits of a company (3) Undistributed profits (4) Excess of income over expenditure
Last Answer : (3) Undistributed profits Explanation: For private corporate sector, retained profits adjusted for non operating surplus/deficit is considered as its Net Saving. Retained profits are those ... commitments to depreciation provision for various fixed assets, debts, government and to shareholders.
Description : Which one of the following represents the Savings of the Private Corporate Sector? (1) Dividends paid to shareholders (2) Total profits of a company (3) Undistributed profits (4) Excess of income over expenditure
Last Answer : Undistributed profits
Description : A short-term government security paper is called - (1) Share (2) Debenture (3) Mutual fund (4) Treasury bill
Last Answer : (4) Treasury bill Explanation: Treasury bills are instrument of short-term borrowing by the Government of India, issued as promissory notes under discount. The interest received on them is the ... they are issued and their redemption value. They have assured yield and negligible risk of default.
Description : A short-term government security paper is called (1) Share (2) Debenture (3) Mutual fund (4) Treasury bill
Last Answer : Treasury bill
Description : Which of the following statements is true? a) Debenture holder is an owner of the company. b) Debenture holder can get back its money only on the liquidation of the company. c) A debenture issued ... can be redeemed at a premium. d) A debenture holder receives interest only in the event of profits
Last Answer : c) A debenture issued at a discount can be redeemed at a premium.
Description : Who benefits the most during the inflationary period? (1) corporate servants (2) creditors (3) entrepreneurs (4) government servants
Last Answer : (3) entrepreneurs Explanation: Inflation has the effect of redistributing income because prices of all factors do not decline in the same proportion. Entrepreneurs stand to gain more than wage ... groups. Speculators, hoarders, black marketers and smugglers gain on account of windfall profits.
Description : Who benefits the most during the inflationary period ? (1) corporate servants (2) creditors (3) entrepreneurs (4) government servants
Last Answer : entrepreneurs
Description : R. G. Ltd. purchased machinery from K.G. Company for a book value of Rs. 4,00,000. The consideration was paid by issue of 10%. Debenture of Rs. 100 each at a discount of 20%. The debenture account will be credited by– (A) Rs. 4,00,000 (B) Rs. 5,00,000 (C) Rs. 3,20,000 (D) Rs. 4,80,000
Last Answer : Answer: Rs. 4,00,000
Description : Which of the following is the negotiable instrument? A. Fixed Deposit of a Bank B. Share certificate issued by a PSU C. Demand Draft issued by a bank D. Debenture of a company E. Airway Receipt
Last Answer : C. Demand Draft issued by a bank Explanation: A demand draft is a negotiable instrument similar to a bill of exchange. A bank issues a demand draft to a client (drawer), directing another bank (drawee) or one of its own branches to pay a certain sum to the specified party (payee).
Description : A_________ include the following call for periodical report from the company. a. Underwriter b. Shareholder c. Debenture trustee
Last Answer : c. Debenture trustee
Description : A newly established company cannot be successful in obtaining finance by way of A. issue of equity capital B. issue of preference share C. issue of debenture D. None of the above
Last Answer : C. issue of debenture
Description : Debenture holder are____________ A. Creditor Of Company B. Debtor of Company C. Owner of Company D. Members of Company
Last Answer : A. Creditor Of Company
Description : What is "narrow money"? (1) The sum of currency in circulation and the demand deposits in banks (2) The sum of MI money and the time deposits (3) The sum of currency in circulation with the ... reserves held by banks (4) The market value of the stocks held by all the holders excluding the promoters
Last Answer : (1) The sum of currency in circulation and the demand deposits in banks Explanation: The four main monetary aggregates of measures of money supply which reflect the state of the monetary sector ... This category of money is considered to be the most readily available for transactions and commerce.
Description : What is narrow money ? (1) The sum of currency in circulation and the demand deposits in banks (2) The sum of MI money and the time deposits (3) The sum of currency in circulation with ... reserves held by banks (4) The market value of the stocks held by all the holders excluding the promoters
Last Answer : The sum of currency in circulation and the demand deposits in banks
Description : Identify which technique will not help a company to optimise its working capital cycle. A. Offering discounts for early payment by debtors B. Using cash management models to optimise the level of ... order quantity model to stock management E. Adopting the use of just-in-time stock management
Last Answer : B. Using cash management models to optimise the level of cash held
Description : What happens to a company when its debt-to-assets ratio increases? a. Its credibility among creditors suffers. b. It envisages higher risk. c. Its short term interest rates increase. d. Its bond rating is reduced. e. c, d
Last Answer : e. c, d
Description : Which of the following is not one of the primary concerns in the Finance Department? a. Acquiring the capital needed for company activities. b. Establishing a dividend policy that maximizes the ... structure of the firm, its relationship between debt and equity. e. Deciding promo and sales budget
Last Answer : e. Deciding promo and sales budget
Description : Justify the following statement: When a company is in financial difficulty it may call a meeting of creditors.
Last Answer : Justify the following statement: When a company is in financial difficulty it may call a meeting of creditors.
Description : In determining the primary responsibility of the external auditor for an audit of a company's financial statements, the auditor owes primary allegiance to: a. The management of the ... The Auditing and Assurance Standards Council, because it determines auditing standards and auditor's responsibility
Last Answer : Stockholders, creditors, and the investing public
Description : If a default is made in delivering the annual return to the Registrar , the company is likely to facea) Compulsory winding up by the tribunal. b) Voluntary winding by members. c) Voluntary winding up by creditors. d) None of the above
Last Answer : a) Compulsory winding up by the tribunal.