Working Capital Management Quiz Set 6

1. System of procuring goods when required, is known as?

Correct! Wrong!

2. A firm has inventory turnover of 6 and cost of goods sold is 7,50,000. With better inventory management, the inventory turnover is increased to 10. This would result in?

Correct! Wrong!

3. What is Economic Order Quantity?

Correct! Wrong!

4. The type of collateral (security) used for short-term loan is?

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5. Which of the following is a liability of a bank?

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6. Commercial paper is a type of?

Correct! Wrong!

7. Which of the following is not a spontaneous source of short-term funds?

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8. Concept of Maximum Permissible Bank finance was introduced by?

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9. In India, Commercial Papers are issued as per the guidelines issued by?

Correct! Wrong!

10. Commercial paper are generally issued at a price?

Correct! Wrong!

11. Which of the following is not applicable to commercial paper?

Correct! Wrong!

12. The basic objective of Tandon Committee recommendations is that the dependence of industry on bank should gradually?

Correct! Wrong!

13. Cash discount terms offered by trade creditors never be accepted because?

Correct! Wrong!

14. In lease system, interest is calculated on?

Correct! Wrong!

15. A short-term lease which is often cancellable is known as?

Correct! Wrong!

16. Which of the following is not a usual type of lease arrangement?

Correct! Wrong!

17. Under income-tax provisions, depreciation on lease asset is allowed to?

Correct! Wrong!

18. Under the provisions of AS-19 'Leases', a leased asset is shown is the balance sheet of?

Correct! Wrong!

19. A lease which is generally not cancellable and covers full economic life of the asset is known as?

Correct! Wrong!

20. One difference between Operating and Financial lease is?

Correct! Wrong!

Working Capital Management Quiz Set 6

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