40.

41.

42.

43.

44.

45.

State the order of payment in the liquidation of companies:

(0) Preferential creditors

(1) Expenses of winding up

(iii) Creditors secured by a floating charge on assets

(iv) Unsecured creditors
(ಯ) (ii), (iii), @ and (iv) (B) ‏,رت‎ Gi), Gii) and (iv)
(C) 60), 0, (0 and (iv) (D) (iii), (ii), @) and (iv)

Hermanson model of valuation of human resource assets is used in:
(^) Return on effort employed model (B) Present value method
(C) Replacement cost approach (D) Standard cost method

Which approach in social responsibility accounting states “by maximizing the profits within
the constraints of existing legal and ethical framework, business corporations are acting in
the best interest of the society at large”:

(A) Integral Welfare Theoretical Approach (B) Descriptive Approach

(C) Programme Management Approach (D) Classical Approach
“The Companies establish a foreign subsidiary and empower its executives”. This statement
is true for:

(^) Polycentric Approach (2) Regiocentric Approach

(೮) Ethnocentric Approach (D) Geocentric Approach

The significant features of TRIMs include:
0) Participation of foreign equity should be allowed up to 100%
(i) Export of the part of the final product will not be mandatory

(11) Granting of permission without restriction to import raw materials and other
components

(iv) Phased manufacturing programme will be introduced to increase the domestic content
of manufacture

(ಯ) @, Gi) and (iii) (8). 0), (1) and (iv)
(C) (ii), Gii) and (iv) ൯) Allof the above
The exchange rate is determined based on the interaction of real income, interest rates, risk,
price level and wealth. This statement stands for which theory of exchange rate behaviour:
(^) Balance of payment approach (B) Monetary approach
(C) Portfolio balance approach (D) Net income approach

9 08 2/2023
[P.T.0.]