Description : i. The elected representatives of the shareholders are called as ________
Last Answer : Complete the sentence: i. The elected representatives of the shareholders are called as ________ ... Board Meeting shall not be less than _________
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
Last Answer : Answer: Promoters
Description : For the individual employee, MBO provides: (a) Specific personal performance objectives. ; (b) Communication between co-workers. (c) A means to an end. (d) A way to keep the company accountable.
Last Answer : (a) Specific personal performance objectives. ;
Description : i. Secretary is an elected representative of the shareholders. ii. Secretary is responsible for the decisionmaking and framing policies of a company.
Last Answer : Correct the underlined word and rewrite the following sentence: i. Secretary is an elected ... the decisionmaking and framing policies of a company.
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 : Distinguish between the following: Shareholders’ Meeting and Board Meeting.
Last Answer : Distinguish between the following: Shareholders’ Meeting and Board Meeting.
Description : The Philippine Framework for Assurance Engagements a. Provides a frame of reference for CPAs in public practice when performing audits, reviews, and compilations of historical financial information. b. ... of an assurance engagement, and identifies engagements to which PSAs, PSREs, and PSAEs apply
Last Answer : Defines and describes the elements and objectives of an assurance engagement, and identifies engagements to which PSAs, PSREs, and PSAEs apply
Description : Which of the following is characteristic of an MIS? (A) Provides guidance in identifying problems, finding and evaluating alternative solutions, and selecting or comparing alternatives. (B) Draws on ... Has as its goal the efficiency of data movement and processing and interfacing different TPS.
Last Answer : (B) Draws on diverse yet predictable data resources to aggregate and summarize data.
Description : Which one of the following is a responsibility of the project steering group/board? a. To identify potential problems for the project team to solve. b. To provide strategic direction and guidance ... project team in all daily activities. d. To receive and consider daily reports from team members.
Last Answer : b. To provide strategic direction and guidance to the sponsor.
Description : Which one of the following is a responsibility of the project steering group/board? a. To identify potential problems for the project team to solve. b. To provide strategic direction and ... project team in all daily activities. d. To receive and consider daily reports from team members.
Description : (i) An alteration was proposed to the original motion.
Last Answer : Write a word or a term or a phrase that can substitute each of the following statements. (i) ... extra vote for the Chairman in case of tiein votes.
Description : (i) An incorporated association which is an artificial person created by law having perpetual succession is called _______
Last Answer : Complete the sentences : (i) An incorporated association which is an artificial person created ... under the Companies Act, 2013 are _________
Description : (i) An error that affects debit as well as credit side, it is called as _______ errors.
Last Answer : Complete the following sentences : (i) An error that affects debit as well as credit side, ... of omission, the debit and credit are ___________
Description : (i) An error in which the transaction is entered in the original book but not posted into the ledger.
Last Answer : Give one word/term or phrase for each of the following statements : (i) An error ... Errors can be rectified without passing rectification entries.
Description : (i) An article or a commodity which is purchase for resale in business is called __________
Last Answer : Complete the following sentence : (i) An article or a commodity which is purchase for ... provides standard of accounting in India called _________
Description : (i) An amount that is not recoverable from debtors is called bad debt.
Last Answer : Do you agree or disagree with the following statement : (i) An amount that is not recoverable from ... used as financial evidence in a court of law.
Description : 1. An average Indian requires ____________ calories from his/her daily consumption of food. [2250/2550/2200]
Last Answer : Choose the correct option: 1. An average Indian requires ____________ calories from his/her daily consumption ... below poverty line. [21.2%/5%/20%]
Description : i. An extraordinary general meeting is held _______ (a) once in a year (b) once in the life time (c) under special circumstances
Last Answer : Select the correct answer from the options given below and rewrite the statement: i. An extraordinary general ... a) Fifteen (b) Sixty (c) Forty
Description : Where can an adult get career advice or guidance counseling?
Last Answer : If you have a high school diploma, I don’t think you can have a “do over” and get a GED.
Description : Can a school guidance counsellor give me advice and help me with my mark in math?
Last Answer : Is there anyone in your class that might tutor you? Or you could study your buns off.
Description : Which of the following is NOT an advantage of franchising for the franchisee? A)The franchisee can capitalise on the business experience of others. B)When problems arise, the franchisee can obtain ... E)The franchisee gives up a certain amount of control when participating in a franchise agreement.
Last Answer : E)The franchisee gives up a certain amount of control when participating in a franchise agreement.
Description : (i) The liability of shareholders of the company is unlimited.
Last Answer : Correct the underlined word and rewrite the following sentences : (i) The liability of ... dormant company is opposite to a Holding company.
Description : The Quorum for the Annual General Meeting of a public company depends upon the number of shareholders.
Last Answer : Justify the following statement: The Quorum for the Annual General Meeting of a public company depends upon the number of shareholders.
Description : The first Secretary of the company is appointed by– (A) Shareholders (B) Promoters (C) Government (D) 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 : The liability of the shareholders of a public limited company is limited to the extent of– (A) Par value of the share (B) Paid up value of the shares (C) Market price of the shares (D) Intrinsic value of the shares
Last Answer : Answer: Paid up value of the shares
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 : 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 : In which of the following conversion the investors enjoy the same status as ordinary shareholders of the company? A. Secured Debentures B. Partly Convertible Debentures (PCD) C. Fully convertible Debentures (FCD) D. Optionally Convertible Debentures (OCD) E. Unsecured Debentures
Last Answer : C. Fully convertible Debentures (FCD) Explanation: These are fully convertible into Equity shares at the issuer‘s notice. The ratio of conversion is decided by the issuer. Upon conversion the investors enjoy the same status as ordinary shareholders of the company.
Description : Dividend Distribution Tax is payable by: A. Shareholders to Government B. Shareholders to Company C. Company to Government D. Holding to Subsidiary
Last Answer : C. Company to Government
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 : Your finance department is primarily concerned with a. acquiring the capital needed for company activities. b. establishing a dividend policy that maximizes the return to shareholders. c. setting credit policies for customers and suppliers. d. profits. e. all of the above.
Last Answer : e. all of the above.
Description : When the liquated company has adequate cash to pay off all liabilities , the interest on liabilities should be paid : a) Upto the date of commencement of insolvency proceedings b) Upto the date of actual payment of liabilities c) Upto the date of payment to shareholders d) None of the these
Last Answer : d) None of the these
Description : The vendor company transfers preliminary expenses (at the time of absorption) to: A. Purchasing Company account B. Realisation account C. Purchasing company's account. D. Equity shareholders' account
Last Answer : D. Equity shareholders' account
Description : For amalgamation in the nature of merger, the shareholders holding at least ______ or more of the equity shares of the transferor company becomes the equity shareholders of the transferee company. A. 51% B. 90% C. 99% D. 100%
Last Answer : B. 90%
Description : Memorandum of association governs the relationship of the company: A. With the outside world B. With the shareholders C. With other companies D. of the above
Last Answer : A. With the outside world
Description : XYZ company conducted an AGM on 1st September 2007. On that day due to fire accident in the hall. All shareholders died. Will the company be in existence? A. Yes B. No
Last Answer : A. Yes
Description : Property of the company belongs to: A. Company B. Shareholders C. Members D. Promoters
Last Answer : B. Shareholders
Description : Why should a benchmark statement be included in advertising objectives? A)The shareholders always like to see where a company is in relation to competition. B)It gives an indication of how ... have been accomplished. D)The objectives become more easily attainable when such a statement is included.
Last Answer : C)Without a reference point, it is difficult to determine to what degree the objectives have been accomplished.
Description : The importance of ‘Trading on Equity’ lies in the fact that if the company is earning more profit, it can make use of borrowed capital and preference share capital and by doing so, it can increase the income of: a. Preference Shareholders b. Lenders c. Equity Shareholders d. Government
Last Answer : c. Equity Shareholders
Description : Debenture holders of a company are its (1) Shareholders (2) Creditors (3) Debtors (4) Directors
Last Answer : Creditors
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 : i. A meeting of shareholders which is held once a year. ii. A meeting of shareholders is held between two annual general meetings.
Last Answer : Write a word or a term or a phrase that can substitute each of the following statement: i ... A meeting of the preference shareholders of a company.
Description : What does a Leasing Company provide? (1) Machinery and capital equipment on hire (2) Legal guidance in establishing an enterprise (3) Office accommodation on hire (4) Technical consultancy and experts for a fee
Last Answer : (1) Machinery and capital equipment on hire Explanation: Leasing is a process by which a firm can obtain the use of a certain fixed assets for which it must pay a series of contractual, ... . Leasing provides opportunities to use available money to operate assets that can make more money over time.
Description : What does a Leasing Company provide ? (1) Machinery and capital equipment on hire (2) Legal guidance in establishing an enterprise (3) Office accommodation on hire (4) Technical consultancy and experts for a fee
Last Answer : Machinery and capital equipment on hire
Description : The first mass produced embedded system is A. Minuteman-I B. Minuteman-II C. Autonetics D-17 D. Apollo Guidance Computer (AGC)
Last Answer : C. Autonetics D-17
Description : Who were made the members of the Committee of Publicity ? Choose the answer from codes given below : (i) Representatives from different political parties. (ii) Representatives from the leftist parties. (iii) Representatives from the women's ... (iii) (B) (i), (ii) (C) (i), (ii), (iii) (D) (iv)
Last Answer : Answer: A
Description : New Zealand’s legislative body is called __________ (A) the Senate. (B) the Congress. (C) the House of Commons. (D) the House of Representatives.
Last Answer : (D) the House of Representatives.