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Q. The form of balance sheet is………………..

Q. When an existing company takes over the business of one or more existing companies, it is called….

Q. When two or more companies carrying on similar business decide to combine, a new company is formed, it is known as ..................

Q. Which Exchange rate will be considered for conversion of share capital of subsidiary company.

Q. Yield value is based on the assumption that ……………….

Q. Which of the following result in reduction of capital?

Q. If the purchase price of debentures includes interest for the expired period, the quotation is said to be …………..

Q. ------ is a device of reducing the risk undertaken by an insurance company.

Q. Interest on non-performing assets should be recognized on -------- basis.

Q. Certain assumptions are essential to prepare financial statements.