67.

68.

69.

70.

71.

72.

73.

Which theory of dividend states “dividends are irrelevant to shareholders wealth”?
(^) Gordon’s dividend theory (B) Walter’s dividend theory
(C) Modigliani and Miller dividend theory (D) Graham and Dodd dividend theory

A highly geared company exposes to:
(A) Inflation risk (B) Financial risk
(C) Business risk (D) Interest rate risk
The salient features of a financial lease are :
@ ‘It isan intermediate to the long-term non-cancellable arrangement
(ii) The lessee is responsible for maintenance, insurance and taxes
(iii) The lease is not fully amortized during the primary lease period

(iv) The lessee usually enjoys the option of renewing the lease for further periods for very
nominal lease rentals

(^) Only Qi), (ii) and (iv)
(B) Only (i), (ii) and (iii)
(C) Only (i), (iii) and (iv)
(D) All of the above

Wealth maximization objective stands for
(A) Maximizing earnings per share
(B) Maximizing the value of debt instruments
(C) Maximizing the market value of equity share
(D) None of these
Which of the following reflects the nature of teaching?
(ಸಿ) Learners Orientation (B) Dynamism
(C) Contemptuous (D) Both (A) and (B)
What does a Curriculum include?
(A) Instructional units, plans and resources
(2) Interactive system
(C) Outline of concepts taught
(D) All the above
The Evaluation system that is used to identify the scope and potential for improvement
(A) Summative (B) Formative
(6 Norm-referenced (1) Criterion-referenced

13 08 2/2023
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