Question : Who manages the affairs of the company on the behalf of shareholders?
Option 1: Managers
Option 2:
CEO and CFO
Option 3:
Board of Directors
Option 4: Members
Correct Answer:
Solution : The board of directors is the term used to refer to all directors. The board manages and controls the activities of the company. Hence, the correct option is 3.
Question : The Current Ratio of a company is 2:1. State, that the following transaction would improve, reduce or alter the current ratio.
Issue of new shares against the purchase of fixed assets.
Question : All the affairs of the company are governed by the provisions of the______.
Question :
Quick Ratio 1:1.Current Assets Rs 60,000, Current liabilities Rs 40,000. Calculate the value of inventory.
Question : The Current Ratio of a company is 2:1 . State, that the following transaction would improve, reduce or alter the current ratio.
Purchasing goods on credit.
The colour of the eye depends upon the pigment present in:
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