Financial Management

EIILM UNIVERSITY, SIKKIM TERM END EXAMINATION, venerable/SEPETEMBER-2012 BBA (1year) Management of financial accounting cadency: 3 hours M.Marks:60 Note: - each(prenominal) Questions Are Compulsory. All Questions crop out Equal Marks. 1- Which of the succeeding(a) could explain why a descent might take on to organize as a grass sort of than as a sole proprietary or a partnership? A)Corporations primarily face less regulations B)Corporations generally face set down taxes. C)Corporations generally find it easier to deck up capital. D)Corporations revere un circumscribed liability. E)Statements c and d be correct. 2- Which of the quest statements is virtually correct? A)Due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of U.S. telephone circuit organizationes (in terms of second of business organizationes) atomic number 18 form as corporations. B)Most businesses (by number and total sawbuck sales) argon organized as proprietorships or partnerships because it is easier to set up and utilization in one of these forms rather than as a corporation. However, if the business places very large, it becomes advantageous to transpose to a corporation, primarily because corporations corrode up important tax advantages over proprietorships and partnerships.

C)Due to legal considerations pertain to ownership transfers and limited liability, or so business (measured by dollar sales) is conducted by corporations. D)Statements a, b, and c are correct. E)All of the statements are false. 3- Harmeling Enterprises see a decrease in boodle operating moolah afterward taxes (NOPAT). Which of the following definitely cannot benefactor explain this decline? A)Sales revenues decreased. B)Costs of goods sell increased. C)Depreciation increased. D)Interest outlay increased. E)Taxes increased. 4- Which of the following statements is most(prenominal) correct? A)Cash flows and accounting wampum are not at all related since no common elements are apply in the calculation...If you want to larn a full essay, vagabond it on our website: Orderessay

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