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Q. In the ……………..the board approves new members or terminates a person’s membership.

Q. Every society shall maintain …………………for recording the applications for membership,the number of shares applied for and in case of refusal, the date of communication of the decision refusing admission to the applicant.

Q. Valuation of stock in trade is at ……………………….

Q. In the …………………the manager(s) reports to the board, which in turn provides direction to the manager(s).

Q. When heavy expenditure is incurred and the benefits of which extend to periods beyond the date of the balance sheet, such expenditure should be equitably spread over the period during which the benefits of such expenditure would be available and are known as ………………….

Q. …………… is nothing but “self-help made effective by organisation.”

Q. In the ……………………the Business plan and budgets for the coming year are presented for discussion and approval.

Q. Every co-operative society shall maintain accounts and book for the purpose of recording business transactions by it and close them every year on …………………

Q. ………………….. sets organizational objectives and goals, forecasts the environment in which objectives must be accomplished, and determines the approach by which objectives and goals are to be accomplished.

Q. In the ……………………….,decisions thereof require a special majority of all the members present at the meeting.