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Question
State whether the following statement is true or false.
Fixed Deposit holder is creditor of the company.
Options
True
False
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Solution
This statement is true.
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RELATED QUESTIONS
Depositors are ______ of a company.
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Depositors are the ______ of the company.
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Deposit is a ______ term source of finance of the company.
Select the correct option from the bracket.
| Group ‘A’ | Group ‘B’ |
| a) Depositor | 1) ____________ |
| b) Return on Deposits | 2) ____________ |
| c) ______________ | 3) Maximum Period of Deposits |
| d) Minimum Period of Deposits | 4) ____________ |
(Interest, Creditor of the company, 36 months, 6 months)
Answer in one sentence.
What is Interest Warrant?
Correct the underlined word and rewrite the following sentence.
Depositors are owners of the company.
Correct the underlined word and rewrite the following sentence.
Deposits are the internal source of financing.
Correct the underlined word and rewrite the following sentence.
Depositors are entitled to receive dividend.
Explain the following term/concept.
Interest on Deposit
Explain the following term/concept.
Deposit Receipt
