Question : A,B and C are partners sharing profits in the ratio of 3:3:4. They decide to share the future profits equally. The sacrifice or gain of partners are :

 

Option 1: A gains 1/30; B gains 1/30; C sacrifices 2/30

Option 2: A gains 2/30; B gains 1/30; C sacrifices 3/30

 

Option 3: A sacrifices 1/30; B gains 3/30; C sacrifices 2/30

 

Option 4: A gains 2/30; B gains 3/30; C sacrifices 5/30

 

Question : Which year marked the third general election in India?  

Option 1: 1952  

Option 2: 1957  

Option 3: 1962  

Option 4:  1967  

Question : Arrange the following steps in the correct sequence of the life of a company :

(A) Commencement of Business

(B) Incorporation

(C) Promotion

(D) Floatation

Choose the correct answer from the options given below :

Option 1: (A), (B), (C), (D)

Option 2: (A), (C), (B), (D)

Option 3: (B), (A), (D), (C)

Option 4: (C), (B), (D), (A) 

Question : Arrange the following in the correct order:

(A) Subscribed Capital

(B) Issued Capital

(C) Authorised Capital

(D) Paid-up Capital

(E) Called-up Capital

Choose the correct answer from the options given below:

Option 1: (C), (B), (A), (D), (E)

Option 2: (B), (C), (A), (D), (E)

Option 3: (C), (B), (A), (E), (D)

Option 4: (B), (C), (A), (E), (D)

Question : Arrange the following in the correct sequence in the context of debenture.

(A) Payment to debenture-holders

(B) Creation of DRR

(C) Issue of debentures

(D) Redemption becomes due

Choose the correct answer from the options given below:

Option 1: (A), (B), (C), (D)

Option 2: (A), (C), (B), (D)

Option 3:  (B), (A), (D), (C)

Option 4: (C), (B), (D), (A)

Question : 1. Identify the correct sequence of the following steps involved in calculating cash flows from operating activities of a company :

(A) Operating profit before working capital changes

(B) Cash generated from operations

(C) Income tax paid

(D) Net cash flow from operating activities

(E) Goodwill amortised

Choose the correct answer from the options given below:

Option 1:  (E), (C), (D), (A), (B)

Option 2:  (E), (A), (D), (B), (C)

Option 3:  (E), (A), (B), (C), (D)

Option 4: (A), (B), (C), (D), (E)