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Q. Requirements given in part II of ‐‐‐‐‐‐‐‐‐‐‐‐‐apply to statement of profit or loss

Q. Debenture holders are the ……….of a company

Q. Insurance Act came in to effect in….,

Q. An entity shall explain how the transition from previous GAAP to IFRSs __________ its reported financial position, financial performance and cash flows.

Q. Unquoted shares means……………………….

Q. Share can be forfeited for ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.

Q. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ have priority over equity as to the receipt of individuals and as to assets in the event of liquidation.

Q. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the following is not concerned with the valuation of goodwill.

Q. Rebate on bills discounted is a ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the Banking company.

Q. Salaries due to director, manager, secretary etc. are preferential.