Question : Which of the following are included in Non - current liabilities?

Option 1: Long-term Borrowings

Option 2: Deferred Tax Liabilities (Net)

Option 3: Other Long-term Liabilities

Option 4: All of the above

Question : If any long-term borrowings (Debentures ) redeemable after 15 years from the date of issue are shown as

Option 1: Short – term Borrowings

Option 2: Other Long-term Liabilities

Option 3: Long -term Borrowings.

Option 4: Other current liabilities 

Question : Which of the following statements is not correct?

Option 1: Net Profit before Interest and Tax = Net Profit before Tax + Interest on Long-term Borrowings

Option 2: Current Liabilities = Total Debt - Non-current Liabilities

Option 3: Capital Employed = Net Fixed Assets + Trade Investments - Working Capital

Option 4: Accumulated Depreciation is already adjusted in Net Fixed Assets.

Question : Which of the following statements is not correct?

Option 1: Net Profit before Interest and Tax = Net Profit before Tax + Interest on Long-term Borrowings

Option 2: Current Liabilities = Total Debt - Non-current Liabilities

Option 3: Capital Employed = Net Fixed Assets + Trade Investments - Working Capital

Option 4: Accumulated Depreciation is already adjusted in Net Fixed Assets.

Question : Which of the following statements is false?

Option 1: Total Assets = Fixed Assets + Non-current Investments + Current Assets

Option 2: Long-term Borrowings or Debt = Total Borrowing - Short-term Borrowings

Option 3: Total Assets = Shareholders Funds + Long term Borrowings + Short term
Borrowings + Other Current liabilities

Option 4: None of the above.