1. -œOrganisation is the foundation of management." This statement is given by-”

2. -˜Carrot and Stick-™ principle is given in Theory-”

3. Company Auditor is responsible-”

4. For the purpose of preparation of fund flow statement fund means-”

5. -œOrganisation is a Management Process by which people functions and physical factors are brought together to form a controllable unit." This definition is given by-”

6. -œThe position of a Company Secretary is like that of a hub in a bicycle wheel." This statement shows the-”

7. Appointment of a person who is a Director as a Secretary in the Company would require approval of the company by-”

8. Recording of capital contributed by the owner as liability ensures the adherence of principle of-”

9. Motivation - Hygiene Theory was propounded by-”

10. In common size Balance Sheet analysis we evaluate-”

11. A fire occurred in the premises of -˜M-™ Ltd. on 30th September 2007. The stock was destroyed except to the extent of Rs. 10000. From the information given below calculate the value of stock burnt by fire on 30th September 2007. Stock on 1st April 2006 Rs. 90000 Purchases less returns during 2006-07-”1000000 Sales less returns during 2006-07 1500000; Stock on 31st March 2007-”180000 Purchases less returns from 1st April 2007 to 30th September 2007 700000. Sales less returns from 1st April 2007 to 30th September 2007 1000000. It was the practice of the company to value stock less 10%-”

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

13. Rate of Gross Profit on cost is 25%. Total sales is Rs. 100000 and Average Stock is Rs. 160000. Stock Turnover Ratio will be-”

14. Internal check means-”

15. It is given that cost of stock is Rs. 100. However its market price is Rs. 98 (buying) and Rs. 140 (selling). If the market price is interpreted as the replacement cost then the stock should be valued at-”

16. From the information given below calculate Debt service coverage Ratio-” Net profit after interest and Tax Rs. 40000 Depreciation Rs. 5000 Rate of Income Tax 50% 10% Mortgage Debentures Rs. 60000. Fixed Interest Charges Rs. 6000 Debenture Redemption Fund Appropriation of Outstanding Debentures 10%.

17. Indian Accounting Standard -“ 28 is related to-”

18. -¦-¦-¦ has been founded to act as permanent watchdog on the international trade.

19. A meeting of the shareholders held only once during the life time of the company is known as-”

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 15000 units total cost Rs. 225000 sales value Rs. 210000 loss Rs. 15000. A foreign customer wants to buy 6000 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. According to Balance Sheet equation concept the capital will be-”

22. Price earning ratio is 83-¢33% and E.P.S. is Rs. 30. The market price of equity share will be-”

23. -œAuditor is not an insurer." In which of the following cases the decision has been given ?

24. The following particulars relate to manufacturing factory for the month of March 2008. Variable cost per unit Rs. 11; Fixed factory overhead Rs. 540000; Fixed selling overhead Rs. 252000; Variable selling cost Rs. 3; Sales Price per unit Rs. 20. Find out the Break-Even Point in rupees-”

25. The Life Insurance in India was nationalised in the year-”