Stakeholders and their information requirements - class-XI
Description: stakeholders and their information requirements | |
Number of Questions: 51 | |
Created by: Mohini Tyagi | |
Tags: accountancy accounts from incomplete records financial statements - i accounting for incomplete records elements of accounts |
American companies prepare their financial statement in Dollars whereas Japanese companies produce financial statement in Yen. This is an example of:
Which one of the following is not an objective of the introduction of Primary Dealer System?
Every registered taxable person shall be entitled to take credit of input tax in his return and such input tax credit shall be credited to _______________.
Financial corporations which serve individual savers and commercial mortgage borrowers are classified as ___________________.
The objective of financial management is to ___________.
Which of the following is the most valid reason for India to export gold to Bank of England in 1991?
If overtime is resorted to at the desire of the customer, then the overtime premium ____________________.
Which of the following capital is required for the registration of the company?
Type of bonds that are issued by foreign governments or foreign corporations are classified as ______________.
__________ influence the behavior of others through their personality, skills, or other factors.
The post closing trial balance shows __________________.
If beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are ____________.
Capital Gearing Ratio denotes the relationship between ______________.
Call option is?
The expression 'firm' would include a _________________.
User of financial statement includes ___________.
The purpose of financial accounts is reporting to _________.
A company pays dividend out of _____________________.
The take over of a company in which most of the purchase price is paid with borrowed money is referred to as __________.
The dividend per share in a company is Rs. 2, earning per share is Rs. 5, and the market value is Rs. 25. What will be its yield?
_______ is concerned about the rights of all stakeholders are protected.
The stakeholders are ______ of financial statements.
A _________ is a person associated with the business by monetary or non monetary terms.
What is the correct sequence?
Objective of business is to communicate the meaningful information to various __________.
The owner and persons advancing loans to the business would have __________ stakes.
________ is interested in information about past profits and financial position.
_________ is interested in adequacy of profits only as an assurance of return of principal and interest back in time.
The government, consumer or a researcher will have ______________.
___________ are the stakeholders of an business organisation.
The authorised capital of M Ltd. consists of both cumulative preference shares and equity shares. Each $5$% cumulative preference share has a par value $Rs. 100$. Each equity share has a par value $Rs. 10$. During the year $2005-06$, the cumulative preference share capital was $Rs. 2,00,000$
If dividend declarations totalled $Rs. 25,000$ in the year $2005-06$, the dividends allocated to the equity shareholders in the year $2005-06$ will be ___________.
Identify the external user of financial information or financial statements.
Use the following information for questions given ahead:
B Ltd. was registered with a share capital of $Rs. 2,00,00,000$ divided into equity shares of $Rs. 10$ each. It issued $Rs. 1,80,00,000$ equity shares to the general public at par payable as to $Rs. 3$ on application, $Rs. 3$ on allotment and balance in $2$ equal calls. The public had subscribed for $17,00,000$ shares. Till $31st$ March, $2006$, only first call had been made. All the shareholders had paid up except Mr. C, a holder of $50,000$ shares, who did not pay the call money.
B Ltd.'s Issued Capital will be ____________.
Find the net profit made by the business if the total assets at the beginning of the year and at the end of the year were Rs.20,000 and 15,000 and drawing during the year were Rs.12,000.
Users of accounting information include ____________.
Which of the following are external stakeholders of a firm?
_________ helps in preparation of final accounts.
Use the following information for questions given ahead:
D Ltd. issued $2,00,000$ shares of $Rs. 100$ each at a premium of $Rs. 20$ per share payable as follows:
On application $Rs. 20$; On allotment $Rs. 50$ (including premium); On first call $Rs. 30$; On second and final call $Rs. 20$.
Applications were received for $3,00,000$ shares and pro-rata allotment was made to applications of $2,40,000$ shares. Money excess received on application was employed on account of sum due on allotment as part of share capital. A, to whom $4,000$ shares were allotted, failed to pay the allotment money and on his subsequent failure to pay the first call, his shares were forfeited and B, the holder of $6,000$ shares, failed to pay the two calls and his shares were forfeited after the second call. Of the forfeited shares, $8,000$ shares were reissued to C at a discount of $10$%, the whole of A's forfeited shares being reissued.
Amount refunded to shareholders will be ______________
_______ consists of a list of all the ledger balances on a particular date.
After the preparation of ledgers, the next step is the preparation of _____________.
Who appoints the auditors of a company?
Which one of the following securities cannot be issued by a public limited company in India?
Who among the following is a bear operator?
A limited company has to redeem redeemable preference shares of the value of Rs. $1,00,000$ for which the company has issues $3000$ equity shares of Rs. $10$ each at a premium of $10\%$. The amount to be transferred to capital redemption reserve account will be.
The movement of securities from one stock exchange to another with the object of reaping a profit from the disparity in share prices is called __________.
A statutory auditor reports to____________.
The ratios which measure the relative contribution of financing by owners and financing provided by outsiders are called ______________.
Control of management of the company mainly vests in hands of __________ .
Which of the following is not an internal user of management information?
Which of the following amounts shall be credited to Investor Education and Protection Fund, if they remain unpaid/unclaimed for seven years from the date they become due?
Find the total at assets at the beginning of the year if the net profit, drawing during the year and Assets at the end of the year were 12,000, 7000 and 25,000 respectively.