1. 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%.

2. The following data relates to manufacturing company for the year 2006-07-” Net Profit as per P & L A/c-”Rs. 240000; Depreciation-”Rs. 80000; Goodwill written-off-”Rs. 40000 Profit on Sale of Fixed Assets-”Rs. 16000 Proposed Dividend-”Rs. 96000. The fund from operation would be-”

3. The object of -˜Agenda-™ is to inform-”

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

5. If the goods purchased are in transit then the Journal Entry at the end of the period will be-”

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

7. Internal check means-”

8. Out of the following forms which form of organisation is the oldest one ?

9. An annual general meeting may be called after giving shorter notice instead of 21 clear days if consent is accorded by-”

10. Consider the following information pertaining to K Ltd. on September 4 2005 the company issued 12000 7% debentures having a face value of Rs. 100 each at a discount of 2-¢5%. On September 12 the company issued 25000 preference shares of Rs. 100 each. On September 29 the company redeemed 30000 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. 3000000. After effecting the above transaction the Bank Balance as on September 30 2005 will be-”

11. The balance appearing in the books of a company at the end of year were CRR A/c Rs. 50000 Security Premium Rs. 5000 Revaluation Reserve Rs. 20000 P & L A/c (Dr) Rs. 10000. Maximum amount available for distribution of Bonus Share will be-”

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

13. According to Balance Sheet equation concept the capital will be-”

14. When the existing companies raise additional funds by issue of shares to the existing shareholders in proportion to their existing shareholdings it is called-”

15. In -˜Direction-™ who is given importance ?

16. What of the following is false about W.T.O. ?

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

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

19. Which of the following have lien of Company Auditor ?

20. 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-”

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

22. In Need Hierarchy Theory of Abraham H. Maslow Self Actualisation needs are at level-”

23. Accounting for Intangible Assets are related to-”

24. Managerial Planning is a-”

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