157/23

7.

10.

11.

12.

13.

14.

15.

An example of a discounted cash flow method of investment appraisal is

A) Profitability index B) Average rate of return
C) Payback period D) None of the above
. Traditionally, which is the acceptable ratio for quick ratio ?
A) 2:1 B) 3:1 C) 1:2 D) 1:1
. One of the equity market index is
A) BSE 100 B) BSE 200
C) BSE 500 D) All of the above

Which of the following is/are correct ?

a. Stock exchanges does not ensure liquidity.

b. Stock exchanges ensure safety of funds.

c. Stock exchanges does not mobilise the savings of the people.
d. Stock exchanges does not enable new issues to be listed.

A) aandb only B) bonly

C) conly D) c andd only

Statement! : Accelerating cash collection through decentralized collection and
lockbox system is a method of cash management.

Statement II : Controlling disbursement is also a method of cash management.
A) Only Statement | is correct B) Both are incorrect
C) Only Statement II is correct D) Both are correct

An approach which is midway between Net Operating income approach and Net
income approach is

A) Traditional approach B) Modigliani and Miller approach
C) Average approach D) None of these

Efficiency ratios are also called as

A) activity ratios B) turnover ratios

C) both activity and turnover ratios D) none of these

The quality of an auditor is

A) knowledge of accounting B) professionally qualified
C) integrity D) all of the above
A set of procedures to be followed to support an opinion on the financial statements is
A) audit working papers B) audit programme
C) audit note book D) none of the above
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