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Total Questions : 842 | Page 24 of 85 pages
Question 231. Which of the following is NOT a cash inflow?
  1.    Sale of fixed asset
  2.    Issue of debentures
  3.    Cash from business operation
  4.    Purchase of fixed asset
 Discuss Question
Answer: Option D. -> Purchase of fixed asset
Question 232. Which of the following is quoted company?
  1.    Private limited company
  2.    Public limited company
  3.    Listed company
  4.    Non listed company
 Discuss Question
Answer: Option C. -> Listed company
Question 233. Which of the following capital is required for the registration of the company?
  1.    Issued capital
  2.    Subscribed capital
  3.    Authorized capital
  4.    Reserve capital
 Discuss Question
Answer: Option C. -> Authorized capital
Question 234. Accounts receivable & inventory are the examples of
  1.    Current assets
  2.    Liquid asset
  3.    Fixed asset
  4.    Capital asset
 Discuss Question
Answer: Option A. -> Current assets
Question 235. Which of the following account will be credited in the books of XYZ Co. Ltd, if the business purchases a vehicle thriugh cheque?
  1.    Vehicle account
  2.    Business account
  3.    Bank account
  4.    Debtors account
 Discuss Question
Answer: Option C. -> Bank account
Question 236. In which of the following condition, a company will have positive working capital?
  1.    If current assets>current liabilities
  2.    If current assets
  3.    If current assets = current liabilities
 Discuss Question
Answer: Option A. -> If current assets>current liabilities
Question 237. Debenture is also named as
  1.    Share
  2.    Bond
  3.    Reserve
  4.    Equity
 Discuss Question
Answer: Option B. -> Bond
Question 238. Which of the following is the most important document of the company?
  1.    Memorandum of association
  2.    Articles of association
  3.    Annual report
  4.    Prospectus
 Discuss Question
Answer: Option A. -> Memorandum of association
Question 239. Authorized share capital is also known as
  1.    Registered capital
  2.    Issued capital
  3.    Paid up capital
  4.    Called up capital
 Discuss Question
Answer: Option A. -> Registered capital
Question 240. The maximum amount with which a company is registered is called
  1.    Authorized capital
  2.    Issued capital
  3.    Paid up capital
  4.    Called up capital
 Discuss Question
Answer: Option A. -> Authorized capital

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