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Q. Under …………., the sum assured is given to the beneficiary only on death of policyholder.

Q. In………., an existing company’s financial structure is reorganized without liquidating the existing company and forming a new company.

Q. In purchase method, the excess of net asset of the transferor company acquired by the transferee company over the purchase consideration should be recognized as ------------

Q. Advanced tax paid by a banking company is shown as ---- in the Balance Sheet.

Q. Spreadsheet software can be utilize to generate accounting reports.

Q. The ratio that highlight the end result of business activities are known as ________ ratios

Q. Forfeiture of shares results in compulsory termination of ------ due to non payment of allotment/call money.

Q. When debentures are redeemed out of profits, an amount equal is transferred to…..

Q. While calculating purchase price, the following values of assets are considered