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

Advice to Board of Directors in Respect of Financial Matter is Given by _______. - Secretarial Practice

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प्रश्न

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

पर्याय

  • (a) an auditor 

  • (b) a secretary

  • (c) a finance manager 

MCQ

उत्तर

(c) a finance manager

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2015-2016 (March)

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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

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?


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 Work-in-Progress: Opening and Closing Work-in-Progress ₹1,00,000 and ₹1,15,000 respectively.


From the following information, calculate Change in Inventory of Work-in-Progress:

Opening and Closing Work-in-Progress ₹1,50,000 and ₹1,45,000 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, calculate Change in Inventory of Stock-in-Trade: Opening and Closing Stock-in-Trade ₹5,00,000 and ₹4,00,000 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

From the following information compute the amount to be shown in Note to Accounts on Employees Benefit Expenses: Wages ₹ 5,40,000; Salaries ₹ 7,20,000; bonus ₹ 1,05,000; Staff Welfare Expenses ₹ 60,000 and Business Promotion Expenses ₹ 50,000.


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?


'S' Limited is manufacturing steel at its plant in India. It is enjoying a buoyant demand for its products as economic growth is about 7% - 8% and the demand for steel is growing. It is planning to set up a new steel plant to cash on the increased demand. It is estimated that it will require about Rs 5000 crores to set up and about Rs 500 crores of working capital to start the new plant.

Which of the following is the role and objectives of financial management for this company.


The foremost objective of financial management is :


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