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Q. Grants related to depreciable assets should be recognised as……., in the period in which their depreciation is charged

Q. Intrinsic Value Method is also called as………………..

Q. Capital redemption reserve and security premium can be utilised for issuing ………bonus shares

Q. The term banking is defined in section ….

Q. In absorption there is one ……………………and no formation.

Q. When the proposed dividend is more than 20 %, an amount equal to ‐‐‐‐‐‐‐‐‐‐‐ of the current profits must be transferred to reserve.

Q. ………..debentures are transferable by mere delivery

Q. Debentures constitute ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ capital of the company

Q. Those preference shares which do not carry the right of share in excess profits are known as ------- preference shares.

Q. …………..is that portion of capital which is called up only on winding up of the company.