Question : Who manages the affairs of the company on the behalf of shareholders?
Option 1: Managers
Option 2:
CEO and CFO
Option 3:
Board of Directors
Option 4: Members

Question

Question : The Current Ratio of a company is 2:1. State, that the following transaction would improve, reduce or alter the current ratio.

Issue of new shares against the purchase of fixed assets.
Option 1:
Improve
Option 2:
Reduce
Option 3:
Alter
Option 4: Not alter

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Answer 1

Correct Answer:

Board of Directors

Solution : The board of directors is the term used to refer to all directors. The board manages and controls the activities of the company. Hence, the correct option is 3.

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Question : Who manages the affairs of the company on the behalf of shareholders?Option 1: ManagersOption 2: CEO and CFOOption 3: Board of DirectorsOption 4: Members

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Question : Who manages the affairs of the company on the behalf of shareholders?
Option 1: Managers
Option 2:
CEO and CFO
Option 3:
Board of Directors
Option 4: Members

Question : The Current Ratio of a company is 2:1. State, that the following transaction would improve, reduce or alter the current ratio.

Issue of new shares against the purchase of fixed assets.
Option 1:
Improve
Option 2:
Reduce
Option 3:
Alter
Option 4: Not alter

Question : All the affairs of the company are governed by the provisions of the______.
Option 1: Companies Act, 1956
Option 2: Companies Act, 2013
Option 3:
Companies Act, 2017
Option 4:
Companies Act, 2015

Question :
Quick Ratio 1:1.Current Assets Rs 60,000, Current liabilities Rs 40,000. Calculate the value of inventory.

Option 1: Rs.40,000
Option 2: Rs.20,000
Option 3: Rs.10,000
Option 4:
Rs.22,000

Question : The Current Ratio of a company is 2:1 . State, that the following transaction would improve, reduce or alter the current ratio.

Purchasing goods on credit.
Option 1: Improve
Option 2: Reduce
Option 3:
Alter
Option 4:
None of the above

Question :
The colour of the eye depends upon the pigment present in:
Option 1:
cornea
Option 2:
iris
Option 3:
rods

Option 4: cones