Quiz Balance Sheet

Quiz Balance Sheet

1st Grade

11 Qs

quiz-placeholder

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Quiz Balance Sheet

Quiz Balance Sheet

Assessment

Quiz

Professional Development

1st Grade

Medium

Created by

Sunil Kumar

Used 12+ times

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11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

CPA (MSME) will be conducted if the exposure is Rs ........

10 Lacs in Rural

Above 1 Crore

1 Crore & above

50 Lacs in Metro

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

IN CIBIL Any credit history in the last ....... months will be taken into account for scoring

24

12

36

60

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

....... Reflects the net profit or loss of the entire business after duly accounting for all administrative and selling expenses.

Balance Sheet

P & L statement

Fund Flow statement

Cash Flow statement

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which one is not the purpose of Cash Flow Statement

Without profit and flow of cash a business unit can not run for ever

A balance sheet can be well presented by ever-greening

Whether working capital has increased, if so how the working capital gap is financed

To get finance the basic thing is the business should be profitable

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which one is wrong related to obtainaining of audited balance sheeW

Total exposure from all Banks/FIs is Rs.50 lakh and above

All companies irrespective of turnover

Sales Turnover  > 1 crore  Per annum

Revenue / Income > 50 lakh per annum in case of professionals

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which one is not a source of long term liabilitiy

Term loan from Bank

Debentures

Bonds

Cash Credit Limit

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which one in not a Current Asset

Sundry Debtors

Pre paid expenses

Investment in sister concer

Advance to RM supplier

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