1. In order to reduce the risk of heavy insurance the insurer passes on some business to the other company - it is called-”

2. Share premium account can be used for-”

3. Disinvestment of shares means-”

4. Managerial Planning is a-”

5. In case of Board Meetings the Quorum must be present-”

6. A company made the purchases of an item during its financial year. January 2007 200 @ Rs. 50 each May 2007 400 @ Rs. 60 each August 2007 600 @ Rs. 70 each November- 2007 300 @ Rs. 80 each Closing inventories were 500 articles. Find out the value of closing stock as per Weighted Average Method-”

7. The capital issues of public limited companies are subject to guidelines issued by-”

8. Final accounts prepared in narrative style are in-”

9. Net Profit as per P & L A/c-”Rs. 2 - 40 - 000; Depreciation-”Rs. 80 - 000; Goodwill written-off-”Rs. 40 - 000 - Profit on Sale of Fixed Assets-”Rs. 16 - 000 - Proposed Dividend-”Rs. 96 - 000. The fund from operation would be-”

10. Motivation - Hygiene Theory was propounded by-”

11. The first Stock Exchange in India was established in-”

12. As per Schedule VI of the Companies-™ Act - 1956 - Forfeited Share Account will be-”

13. Bombay Stock Exchange Sensex consists of -¦-¦-¦ script as on 31st March - 2005.

14. Appointment of full time Company Secretary is compulsory in all those companies - whose paidup share capital is-”

15. Depletion method of depreciation is used in case of-”

16. Consider the following information pertaining to K Ltd. on September 4 - 2005 - the company issued 12 - 000 7% debentures having a face value of Rs. 100 each at a discount of 2-¢5%. On September 12 - the company issued 25 - 000 preference shares of Rs. 100 each. On September 29 - the company redeemed 30 - 000 preference shares of Rs. 100 each at a premium of 5% together with one month dividend @ 6% p.a. thereon. Bank balance on August 31 - 2005 was Rs. 30 - 00 - 000. After effecting the above transaction - the Bank Balance as on September 30 - 2005 will be-”

17. Which is not a insurable risk ?

18. Accounting for Intangible Assets are related to-”

19. Articles of Association can be altered by passing-”

20. A manufacturer is operating at 50% of its capacity - due to competition. The following are the details. Raw materials Rs. 6 per unit - Direct Labour Rs. 4 per unit. variable overhead - Rs. 3 per unit - fixed overhead - Rs. 2 per unit - output 15 - 000 units - total cost Rs. 2 - 25 - 000 - sales value Rs. 2 - 10 - 000 - loss Rs. 15 - 000. A foreign customer wants to buy 6 - 000 units at Rs. 13-¢50 per unit and the company does not know whether to accept or not as it is suffering losses at the current level. Advise what he should do ?

21. In a public company the minimum number for having a Quorum in a meeting is-”

22. Average stock of firm is Rs. 80 - 000 - the opening stock is Rs. 10 - 000 less than closing stock. Find opening stock.

23. -œOrganisation is the foundation of management.- This statement is given by-”

24. Net profit after interest and Tax Rs. 40 - 000 - Depreciation Rs. 5 - 000 - Rate of Income Tax 50% - 10% Mortgage Debentures Rs. 60 - 000. Fixed Interest Charges Rs. 6 - 000 - Debenture Redemption Fund Appropriation of Outstanding Debentures 10%.

25. If the current ratio is 2 - current assests are worth Rs. 1 - 600 - if current ratio is not allowed to fall below 1-¢5 - how much additional can be borrowed by the company on the short term basis ?