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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Advice to Board of Directors in Respect of Financial Matter is Given by _______.

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प्रश्न

Advice to Board of Directors in respect of financial matter is given by _______.

पर्याय

  • (a) an auditor 

  • (b) a secretary

  • (c) a finance manager 

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उत्तर

(c) a finance manager

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2015-2016 (March)

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व्हिडिओ ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्‍न

State, with reasons, whether the following statement is True or False.

Financial management is essential for all types of organisations.


What are the main objectives of financial management? Briefly explain.


Under which heads will the following items be shown in the Balance Sheet of a Company

(i) Bank Balance

(ii) Investments (Long-term)

(iii) Outstanding Salary

(iv) Authorised Capital

(v) Bills Payable

(vi) Unclaimed Dividents

(vii) Shares Option Outstanding Account

(viii) General Reserve; and

(ix) Subsidy Reserve?


Under which major headings and sub-headings the following items will be shown in the Balance Sheet of a company as per schedule III of Companies Act, 2013?

(i) Provision for Employee Benefits.
(ii) Calls-in-Advance.


How are the following items shown while preparing Balance Sheet of a company:

(i) Surplus, i.e., Balance in Statement of Profit and Loss (Dr.);
(ii) Interest accrued and due on Debentures;
(iii) Computer Software under development;
(iv) Interest accrued on Investment? 


Prepare Balance Sheet of HP Ltd. as at 31st March, 2019 from the following information:

     
Equity Share Capital 20,00,000   Surplus, i.e., Balance in Statement of Profit and Loss (Cr.) 3,00,000
12% Preference Share Capital 10,00,000   Stock 6,00,000
Fixed Assets (At cost) 46,60,000   Sundry Debtors 8,00,000
Accumulated Depreciation 16,60,000   Cash 1,50,000
Investments 4,00,000   Loans and Advances 50,000
Current Liabilities 8,00,000    Provision for Taxation 2,00,000
12% Debentures 6,00,000   Workmen Compensation Reserve 1,00,000

Calculate Cost of Materials Consumed from the following:
Opening Inventory of Materials ₹3,50,000; Finished Goods ₹75,000; Stock-in-Trade ₹2,00,000; Closing Inventory of: Materials ₹3,25,000; Finished Goods ₹85,000; Stock-in-Trade ₹1,50,000; Purchases during the year: Raw Material ₹17,50,000; Stock-in-Trade ₹9,00,000.


From the following information, calculate Change in Inventory of Work-in-Progress: Opening and Closing Work-in-Progress ₹1,00,000 and ₹1,15,000 respectively.


From the following information, calculate Change in Inventory of Stock-in-Trade: Opening and Closing Stock-in-Trade ₹5,00,000 and ₹4,50,000 respectively.


From the following information, calculate Change in Inventory of Stock-in-Trade: Opening and Closing Stock-in-Trade ₹5,00,000 and ₹4,00,000 respectively.


From the following information compute the amount to be shown in Note to Accounts on Employees Benefit Expenses: Wages ₹ 5,40,000; Salaries ₹ 7,20,000; bonus ₹ 1,05,000; Staff Welfare Expenses ₹ 60,000 and Business Promotion Expenses ₹ 50,000.


Out of the Following, identify the items that are shown in the Note to Accounts on Finance Costs:
(i) Interest paid on Borrowing from prince Finance Ltd.;
(ii) Interest paid on Term Loan to Bank;
(iii) Interest paid on Public Deposits;
(iv) Loss on Issue of Debentures Written off; and
(v) Bank Charges.


What is the role and function of Financial Management?


What are the objectives of financial statement?


Which of the following statements is false regarding financial management?


The foremost objective of financial management is:


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