EN 
Finance/CA
40 followers
16 Apr 2021 9:53 AM
16 Apr 2021 9:53 AM
A gave his jewellery to B and asked B to keep it in the bank locker. B kept it in his safe at home. The jewellery was stolen. Is B liable?
Like
Comment
Share 
Write a comment
Financial management is an _______ function of any business. #financemcq #latestfinancemcq #latestquestions #financequestions
Attempt Now
The base year for the calculation of all-India Index of Industrial Production (IIP) is : #finance #financemcq #financequestions #financelatestquestions
Attempt NowThe ______ approach of financial management provides analytical framework for financial problems.
Attempt Now
#financemcq #latestfinancequestions #financequestionsCompany A manufactures 10 defective products on an average out of 1000 products manufactured. Company B manufactures 5 defective products on an average out of 1000 products manufactured. Which company must be chosen for benchmarking and by whom ?
Attempt Now
#finance #financemcq #financequestionsMr. Narayan Shastri was appointed as an Additional Director of XYZ Limited in July, 2015. Immediately after his appointment in July, 2015, on behalf of the Company he entered into an agreement with NY Private Limited for supplies of raw material. Later he was regularized as a Director in ensuing annual general meeting. In 2016 he signed Contract with Laxmi vendors. At the end of year, in December 2016, management came to know that his appointment was not valid as he was disqualified to act as a Director of any Company. He signed one more agreement in January 2017 with Saraswati vendors. In such scenario, what will be the status of contract/agreements he signed on behalf of XYZ Limited?
Attempt NowBest Manufacturers Limited is a manufacturing company and has entered into an agreement In February 2017 with CISCA Brothers for buying land in order to set up their new manufacturing unit. As per the agreement, Best Manufacturers were required to pay Rs.20 Lakhs as signing amount and the balance amount was required to be paid in three instalments of Rs.25 lakhs each in the month of May, July and September 2017. The title deed for the land was to be transferred after the payment of second instalment in July 2017, so in the accounts for the year 2016-17 of the Best Manufacturers the payment of signing amount was booked as an expense. Your firm have been appointed as auditor of financial statements of Best Manufacturers Limited for the year 2016-17. There is conflict between Financial Reporting Framework and Legal requirement, so what will be the duty of your firm in such case?
Attempt NowMr. Vijay Kapoor, Chartered Accountant, has been appointed the statutory auditor by M/s. XYZ Private Limited for the audit of their financial statements for the year 2015-16. The company has mentioned in the audit terms that they will not be able to provide internal audit reports to Mr. Vijay during the course of audit. Advise, whether Mr. Vijay should accept the proposed audit engagement and on what grounds he can accept/ refuse the proposal? i) As per SA 210 the auditor can refuse to accept the audit engagement as the management is not giving access to internal audit reports which are necessary in determining the internal controls in the company. ii) There is no limitation on the scope of the auditor’s work, so the auditor should accept the appointment. iii) The auditor can accept the audit engagement if the management gives representation on its responsibility. Which of the following option is correct:
Attempt NowFinancial management process deals with _______.#financemcq #latestfinancemcq #latestfinancequestions
Attempt NowAn unmanaged fixed income security portfolio handled by an independent trustee is known as a __________ .
Attempt Now
#finnace #financelatestquestions #latestfinancemcqFinancial Management is mainly concerned with ________. #financemcq #latestfinancequestions #latestfinancemcq
Attempt Now
500+ more Questions to answer
Popular Courses
999
SUBSCRIBE
Featured Courses
Popular Pages
Get the App
Download the Study24x7 App, so you can connect and collaborate.
Featured Courses
Clat Logical Reasoning Solution All Levelsहिन्दीBy Vikramaditya Academy of Law
5.0
FREE
5.0
CA FOUNDATION BUSINESS AND COMMERCIAL KNOWLEDGE All LevelsEnglishBy CHARTEREDS SPECIAL5.0
FREE
5.0
Reasoning Special by Parwez Sir for all Government Exam All Levelsहिन्दीBy Reasoning%20special%20by%20Parwez%20Alam5.0
FREE
5.0
CLAT 2019 LOGICAL REASONING (detailed solution) All Levelsहिन्दीBy Vikramaditya Academy of Law5.0
FREE
5.0
Introduction to Google Ads All LevelsEnglishBy Digital World5.0
FREE
5.0
Free SEO training: SEO for beginners Beginner LevelEnglishBy Digital Marketing - Learn SEO, PPC, SMO, SEM, Content Marketing to keep yourself updated5.0
FREE
5.0
Free SEO Link Building Guide 2019 All LevelsEnglishBy Digital Marketing - Learn SEO, PPC, SMO, SEM, Content Marketing to keep yourself updated5.0
FREE
5.0
SSC CGL, CPO, CHSL, GD Comprehensive Course All LevelsEnglishBy Topline Coaching
39995499 27.27% off5.0
39995499 27.27% off5.0
G.S. Foundation Premium Course All Levelsहिन्दीBy RAU IAS COACHING21994199 47.63% off5.0
21994199 47.63% off5.0
English Special Course for SSC CGL, CPO, GD All LevelsEnglishBy Topline Coaching9991499 33.35% off5.0
9991499 33.35% off5.0Popular Pages
SAT (Scholastic Assessment Test)
18 followers
Study24x7
1230 followers
Reasoning%20special%20by%20Parwez%20Alam
147 followers
Henry%20Harvin
64 followers
CBSE%20Study%20Materials
91 followers
Finance%2FCA
40 followers
Defence
106 followers
CHARTEREDS SPECIAL
12 followers
UPSC & State PSC
1011 followers
GATE%2FESE%2FPSU
35 followers
SUBSCRIBE
Most Related Articles
