Someone legally appointed to resolve the financial difficulties of an insolvent firm
is called____________.
A. an administrator.
B. a predator.
C. an auditor.
D. a turnaround consultant.

1 Answer

Answer :

A. an administrator.

Related questions

Description : If there is a label using the name I want for my band name, will that be a potential branding issue, legally?

Last Answer : Yes. Even if the indie label goes out of business and is no longer copyrighted (assuming the label has been copyrighted- if not, ignore my yes) they could still potentially bring a lawsuit.

Description : A person owning and running a small firm, is known as________. A. A manager-owner. B. An owner-manager. C. A professional adapter. D. An enterprise worker

Last Answer : B. An owner-manager An owner-manager is a person who owns and runs a small firm, such as a small business or a family-owned enterprise. This person is responsible for the overall management ... works in a company and a professional adapter is someone who can adapt to different roles and situations.

Description : Memorandum of association of a firm contains _______. A. rules regarding the internal management of the company. B. rules regarding the constitution and activities of the company. C. rules regarding the external management. D. rules regarding the constitution.

Last Answer : B. rules regarding the constitution and activities of the company.

Description : A valid definition of a business purpose is to ______. A. create a customer. B. maximize profits. C. serve the society. D. increase the wealth of the firm.

Last Answer : B. maximize profits.

Description : When a firm enters into business which is unrelated to its existing business both in terms of technology and marketing ______________. A. conglomerate diversification. B. horizontal integration. C. vertical integration. D. concentric integration

Last Answer : A. conglomerate diversification.

Description : When a firm enters into some business which is related with its present business in terms of technology, marketing or both it is called as _____________. A. conglomerate diversification. B. horizontal integration. C. vertical integration. D. concentric integration.

Last Answer : D. concentric integration.

Description : IFCI has been converted into a________. A. joint stock company. B. co-operative society. C. partnership firm. D. sole proprietorship.

Last Answer : A. joint stock company.

Description : . One of the major difficulties in the biological control of insect pest is that (a) the method is less effective as compared with the use of insecticides (b) the practical difficulty of introducing ... become a pest (d) the predator does not always survive when transferred to a new environment.

Last Answer : (d) the predator does not always survive when transferred to a new environment.

Description : Which of the following best describes why publicly-traded corporations follow the practice of having the outside auditor appointed by the board of directors or elected by the stockholders? a. ... opportunity to voice their opinion concerning the quality of the auditing firm selected by the director

Last Answer : To emphasize auditor independence from the management of the corporation

Description : ______________ describes the direction, the enterprise is going in, what its goals are, where it wants to be,and how it is going to get there. A. project report B. technical anlaysis C. market analysis D. financial analysis

Last Answer : A. project report

Description : Project mission and objectives, procedures and systems used, and organization resources used typically appear in the _____ section of the final project report. A. Analysis B. Recommendation C. lessons learned D. financial feasibility

Last Answer : A. Analysis

Description : As a new company grows, the entrepreneur will need to _________. A. be responsive to changes in the market. B. ensure financial controls are maintained. C. build a management team. D. all the above.

Last Answer : D. all the above.

Description : Institutional agencies grant financial assistance to small scale industries for _________. A. participation in equity capital only. B. acquisition of fixed assets. C. working capital assistance. D. all of the above.

Last Answer : D. all of the above.

Description : Which of the following is not an aspect of appraisal of term loans by commercial banks? A. Financial feasibility. B. Technical feasibility. C. Economic feasibility. D. Societal feasibility.

Last Answer : D. Societal feasibility.

Description : _____________ is primarily concerned with the identification, qualification and evaluation of the project resources. A. Techno-economic analysis. B. Feasibility analysis. C. Input analysis. D. Financial analysis.

Last Answer : B.Feasibility analysis.

Description : A key aspect of the financial section of the business plan is _________. A. A statement of management skills. B. A realistic sales forecast. C. Production capacity. D. A description of competitors.

Last Answer : B. A realistic sales forecast.

Description : _________________ implies the availability or otherwise of plant and machinery and technical know how to produce the product. A. Economic viability. B. Financial feasibility. C. Technical feasibility. D. Managerial competence

Last Answer : C. Technical feasibility.

Description : The process of preparing an inventory of skills needed for effective implementation of the project is called as ____________. A. Economic viability. B. Financial feasibility. C. Technical feasibility. D. Managerial competence.

Last Answer : D. Managerial competence.

Description : ____________ is primarily concerned with the identification of the project demand potential and the selection of the optimal technology. A. Techno-economic analysis. B. Feasibility analysis. C. Input analysis. D. Financial analysis.

Last Answer : A. Techno-economic analysis.

Description : The term ___________ denotes bonus or financial aid which is given by a government to an industry to help it compete with other units A. Incentive. B. Subsidy. C. Bounty. D. Concession.

Last Answer : C. Bounty.

Description : A commercial banker would prefer a ____________ debt-equity ratio over the years as it indicates financial strength of a unit. A. Declining. B. Increasing. C. Stable. D. Fluctuating.

Last Answer : A. Declining A commercial banker would prefer a declining debt-equity ratio over the years as it indicates the financial strength of a unit. A declining debt-equity ratio means that the company ... fluctuating ratio might indicate that the company is not able to manage its debt and equity properly.

Description : SIPCOT's financial assistance is in the form of __________. A. term loan. B. seed capital scheme. C. underwriting the capital issues. D. All of the above.

Last Answer : D. All of the above.

Description : SFC is prohibited from granting financial assistance to any company whose aggregate paid up capital exceed__________. A. 1 crore. B. 1.5 crores. C. 2 crores. D. 2.5 crores.

Last Answer : A. 1 crore.

Description : To provide financial assistance to entrepreneurs the government has set up a number of___________. A. financial advisors. B. financial intermediaries. C. Industrial estates. D. financial institutions.

Last Answer : D. financial institutions.

Description : Which of the following is the reason for business failure __________. A. Lack of market research. B. Poor financial control. C. Poor management. D. All the above.

Last Answer : D. All the above.

Description : Which could provide an individual with the motivation to start a new business venture? A. The financial rewards. B. A desire to be independent. C. Risk taking D. All the above.

Last Answer : D. All the above.

Description : How do you deal with disagreements with others in ways which will help to resolve difficulties and maintain long term relationships at work?

Last Answer : Need answer

Description : Which of the following best describes the passing of confidential information from a client to its auditor? The information: a. Should in no circumstances be conveyed to third parties. b. Is not ... d. Should be conveyed to the public if it affects the "correctness" of the financial statement

Last Answer : Is not legally protected and can be subpoenaed by a competent cour

Description : Which of the following best describes the passing of confidential information from a client to its auditor? The information: a. Should in no circumstances be conveyed to third parties. b. Is not ... d. Should be conveyed to the public if it affects the "correctness" of the financial statements

Last Answer : Is not legally protected and can be subpoenaed by a competent court.

Description : An audit committee must be comprised of outside directors. Which of the following is considered an outside director? a. A consultant to the company. b. A member of company management. c. The company's independent auditor. d. A retired executive from another company

Last Answer : A retired executive from another company

Description : Who is Paul A. Volcker ? (1) Coauthor of the book Mitrokhin Archives II (2) Under-Secretary General of UN (3) Chairman of the Committee appointed by the UN to investigate the ‘oil-for-food’ programme (4) US Administrator in Iraq

Last Answer : Chairman of the Committee appointed by the UN to investigate the ‘oil-for-food’ programme

Description : The average time required to reach a storage location in memory and obtain its contents is called_____. A. Latency time. B. Access time. C. Turnaround time. D. Response time.

Last Answer : B. Access time.

Description : The Parliament of Cuba is called____________?

Last Answer : Answer is: National Assembly of People’s Power

Description : Which of the following best describes the purpose of the engagement letter? a. The engagement letter conveys to management the detailed steps to be applied in the audit process. b. The engagement letter ... be signed by both the client and the CPA and should be used only for independent audits

Last Answer : By clearly defining the nature of the engagement, the engagement letter helps avoid and resolve misunderstandings between CPA and client regarding the precise nature of the work to be performed and the type of report to be issued

Description : What is a good name for my brand?

Last Answer : I would leave the word “Period” off of your slogan. You could just use your name Jonet Su, it’s so nice and unique in America. Is Jonet pronounced the English way (Jon-et) or French way (Jon-ay)? Sue’s Styles Jonet Su’s Styles Jonet Su’s Wardrobing

Description : Which are the best TV shows to learn business?

Last Answer : I’m sure there are videos on You Tube that are instructive. I don’t know of any television shows but watching news shows Like Washington Week in Review could make you aware of general trends.

Description : Should or could the USA be compensated for protecting the world?

Last Answer : The US already benefits hugely from its military power, and US intervention in the world is rarely-if ever-a purely altruistic endeavor. Leaving aside whatever deterrent effects having the world's most ... don't have the political willpower to do so regardless of whether or not they want to.

Description : How can I promote a local-pickup item I'm selling on Craigslist?

Last Answer : Can’t you just list it as pick up only on Craigslist?

Description : In regards to free enterprise has the US lost the ability to channel its inner immigrant? (Details inside)

Last Answer : answer:Yes, and the election of Trump represents it. Uneducated whites want to be protected from foreign competition, want their corporate non union jobs with benefits, and don't want immigrants to come ... economy. Cuba invested in people (in education and health care) and it has paid off well.

Description : Other than to be an officer in the military, what other use exists for a 3 year general studies under-graduates degree from Athabasca university ?

Last Answer : I don't know why you frame the question as just for Athabasca University. The question pertains to any university course of studies. But general studies is not a major; a University course of studies ... it would seem to meet what you are interested in that a course in Business would be appropriate.

Description : Questions about starting a business?

Last Answer : answer:Starting a business unfortunately isn't as easy as just having the idea and finding someone to make it happen. It's going to take talent, money, and a lot of time. You need to be able ... exact, then go get the skills and revisit it when you need motivation to continue learning. Good luck.

Description : Where can I find specific examples of how websites got users?

Last Answer : answer:The basic issue is on your plate. There is no magic formula. People will come to your website if there is something interesting to see. So rather than worry, right now, about users, you need to ... on CONTENT. What makes your website better than anyone else's? What's the value that YOU add?

Description : What high school graduates have entry level jobs where they get nap time and recess?

Last Answer : You could work part time and take a nap when you get home.

Description : Can anyone recommend a bank in Texas for my small business?

Last Answer : answer:Credit unions and smaller banks may give you a better deal - they often pay more interest on deposits, they charge less interest on loans and they aren't nickel and diming people on ... - Compare rates to banks Credit Union Lookup - Find a Credit Union Independent Community Bankers of America

Description : Are there any adult movie stars with the name "Higgs"? They may be missing a big opportunity...

Last Answer : Completely serious.

Description : Facebook Founder renounces US citizenship to duck taxes. Is it time to renounce Facebook citizenship?

Last Answer : answer: so selfish, greedy and unpatriotic that they will turn their back on this great nation the moment it hands them what they want. He is free to do what he wants. It's perfectly legal. ... same thing? And by the way, I renounced my Facebook, the cesspool of narcissism, citizenship long ago.

Description : What do you think of Dr. Muhammad Yunus' vision for eliminating homelessness and poverty?

Last Answer : answer:It's just a formal way of doing what many of us do every day. We loan money to people we know, and they pay us back when they can. It does nothing toward eliminating homelessness and ... they can, either with money they earn or work credit. We fired our lawn maintenance and our pool cleaner.

Description : What is a cheap way to ship items from China to Los Angeles?

Last Answer : answer:This is for the cases? You can buy a table-saw for a few hundred bucks and mass produce the parts and then you just need to find some locals to assemble them for cheap. They look like you could ... Idol. Shit, I can cut cut all the pieces for you if you can find people to slap them together.