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

Normally _________ Gives Advice to the Board of Directors in Respect of Financial Matters. - Secretarial Practice

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प्रश्न

Normally _________ gives advice to the Board of directors in respect of financial matters.  

पर्याय

  • (a) auditor

  • (b) secretary    

  • (c) finance manager

MCQ
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उत्तर

Normally finance manager gives advice to the Board of directors in respect of financial matters.  

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2013-2014 (October)

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व्हिडिओ ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्‍न

  Group 'A'   Group 'B'
1 Financial Management a Distribution of profit
2 Retained profit b Deposits less than Rs. 20,000
3 Debenture trustees c Capitalisation of profit
4 Small depositors d 1996
5

Depository Act

e Management of business funds
    f Borrowed capital
    g Protect interest of debentures holders
    h Management of business activities
    i Deposits less than Rs. 25,000
    j 1956

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


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 heads the following are shown in a company's Balance Sheet:

(i) Public Deposits

(ii)  Office Furniture

(iii) Prepaid Rent

(iv) Outstanding Salaries

(v) Computer Software

(vi) Interest Accrued on Investment?


Name the major heads under which the following items will be presented in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013:

(i) Loose Tools

(ii) Unpaid Dividend

(iii) Copyrights and Patents.

(iv) Land and Building


Identify the major heads under which the following items will be shown in the Balance Sheet of a company as per Schedule III of Companies Act, 2013:

(i) Provision for Tax

(ii) Loan payable on demand

(iii) Computer and related equipment

(iv) Goods acquired for trading


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.


Prepare Balance Sheet of the Company as per Schedule III of the Companies Act, 2013:
10% Debentures of ₹ 100 each 1,90,000
Stock-in-Trade (inventories) 40,000
Goodwill  20,000
Provision for Tax 60,000

Totalling of Balance Sheet is not required


From the following information extracted from the books of Howrach Ltd., prepare Balance Sheet of the company as at 31st March, 2019 as per Schedule III of the Companies Act, 2013:

  (₹ in '000)   (₹ in '000)
Long-term Borrowings 1,000  Fixed Assets (Tangible) 1,600
Trade Payable 60  Inventories 40
Share Capital 800  Trade Receivables 160
Reserves and Surplus 180  Cash and Cash Equivalents 240

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 Finished Goods: Opening Inventory and Closing Inventory of Finished Goods ₹2,00,000 and ₹1,75,000 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 of Hospitality Ltd. for the year ended 31st March, 2018, calculate amount that will be shown in the Note to Accounts on Changes in inventiories of Finished Goods, WIP  and stock-in-Trade:

Particluars

Opening Inventory (₹)

Closing inventory(₹)

Finished Goods

5,00,000

5,50,000

Work-in-Progress

4,50,000 

4,25,000

Stock-in-Trade 6,50,000 6,00,000

Under which line item (major head) of the Statement of Profit and Loss of non-financial company will the following be shown:
(i) Sale of Goods;

(ii) Revenue from Services Rendered;

(iii) Interest Earned;

(iv) Gain (Profit) on Sale of Assets;

(v) Purchases of Stock-in-Trade;

(vi) Salaries and Wages;

(vii) Interest paid to Bank;

(viii) Carriage Outward?


Under which line item (major head) of the Statement of Profit and Loss of a financial company will the following be shown:
(i) Interest on Loans Given:

(ii) Gain (Profit) on Sale of Securities;

(iii) Loss on Sale of Fixed Assets;

(iv) Interest paid on Deposits;

(v) Depreciation on Computers;

(vi) Goodwill Written off;

(vii) Commission paid for Deposit Mobilisation; and

(viii) Repairs Expenses?


What is the role and function of Financial Management?


What are the objectives of financial statement?


Financial management is based on three broad financial decisions. What are these?


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