Financial Management Online Test Part 3
11. Which of the following is clubbed with Current Assets in the Balance Sheet?
b. Contingent liabilities
c. Loans and advances
d. Miscellaneous expenses
12. Which transactions have an effect on the current ratio?
a. Provision for outstanding expenses
b. Cash received from debtors
c. Cash payment made to creditors
d. Only and b
e. All the above
13. Which of the follwing are the objectives of finance function?
i. Profit Maximisation
ii. Wealth Maximisation
iv. Auditing & Survey
a. Both i and ii
b. Both i and iv
c. All the above
d. None of the above
14. Which of the following are the approaches to compute the cost of equity shares?
c. Both a and b
e. None of the above
15. Match the Following
|1] Non-cumulative Preference shares||i] Dividend arrears do not accumulate|
|2] Registered Debentures||ii] Holders registered in the company as debenture holders|
|3] Non-Convertible Debentures||iii]Can't be converted into equity shares|
| ||iv] Preference Dividend arrears accumulate|
a. 1-i, 2-ii, 3-iii
b. 1-ii, 2-iii, 3-iv
c. 1-iii, 2-i , 3-iv
d. 1-i, 2-iv, 3-ii
Answer: a. 1-i, 2-ii, 3-iii