17. A budget is all of the following, except :

(&) aplan which will ensure the generation of future profits
(B} asystem to integrate the operations for future activity
(C) a financial plan for the future
(D) ೩ 8186020 which helpe to co-ordinate internal activities
18. Which of the following would be consistent with a more aggressive approach to financing
working capital?
(ക) Financing short-term needs with short-term funds
(B) Financing permanent inventory buildup with long-term debt
(C) Finaneing seasonal needs with short-term funds
(D) Financing some long-term needs with short-term funds
19. Spontaneous financing includes :
(ಗ) cash at bank (7) short-term loans
(0 accounts payable (D) provision for dividend
20. Permanent working capital :
(A) அவங்க with seasonal needs
(B) includes fixed assets
(C) is the amount of current assets required to meel a firm's long-term minimum
needs
(D) inecludes aceounts payable
21. Identify the fictitious asset :
(A) Preliminary expense ` ®) P/L (debit balance)
(0) உண்டு त्त (क) (2) Goodwill
22. Identify the transaction(s) where flow of fund occurs :
(ക) transactions involving current liabilities and non-current liabilities
(B) transactions involving current assets and non-current assels
(C) transactions involving current assets and non-current liabilities
(D) all the above
28. Which of the following types of assets should be financed with ஸமா?
(ಗಿ) Fixed assets only
(B) Fixed assets and temporary current assets
(C) Fixed asseta and permanent current assets
(D) Temporary and permanent current assets
How will you treat the share forfeited account while preparing Balance Sheet of a company?
(&) Add with the paid up capital
(18) Deduct from the paid up capital
(0) Shown under Reserves and Surplus
(D) Shown under current liahilities and provisions

5 172/2015
[९.7.01