খুলনা বিশ্ববিদ্যালয়

সালঃ 2013

B ইউনিট

1. A company has trade debtors at the year-end amounting to Ta. 2,18,000. One of the debtors, value TA. 8,000 is known to be uncontrollable. The company takes a 5% provision for bad debts each year and last year's provision amounted to TA. 2,000 which of the following figures will appear in the profit and loss account as the total bad debt charge for the year?

TA. 18,900

TA. 18,500

TA.16,300

TA. 10,500

2. Which of the following statement is true?

Owners 'liability in sole-Proprietorship business is limited

Partners liability in partnership firm is limited

Limited partners liability in a lirnited partnership -is -limited

None of the above .

3. A private limited company :

Can sell shares to general public for accumulating capital

Can start operation only after getting Certificate of incorporation.

Requires Certificate of Commencement

Reqires 2/3 of its directors to retire from Board of Directors by rotation.

4. which of the followings is a statutory corporation?

Pubali Bank Ltd.

Bangladesh Bank

Bangladesh Railway

BRTC

5. what would be the effect of Central Bank's security purchase from open market?

Money supply would decrease

Money supply would increase

Purchasing power of people would decrease

None of these

6. who can be a partner of a partnership firm?

Institute of Association

Person of sound mind

Government employee

Both B and C

7. A company wishes to pay out all available profits as dividends net profit is TA. 26,600 . There are 20,000 Preference shares of TA. I each with dividend at a rate of 8% and 50,000 Ordinary shares of TA. I each . Tk.5,000 is to be transferred to General Reserve. What Ordinary dividends are to be paid , in perc

60 percent

40 percent

20 percent

10 percent

8. The meeting that a company must arrange within 6 months from starting its operation for its shareholders' is called:

Annual General Meeting

Committee Meeting

Statutory Meeting

Board Meeting

9. A method wherein omitted information is determined in the first place and by using this information net income of loss is ascertained is known as:

Nominal Method

Cash Method

conversion Method

Net Profit Method

10. which of the followings transaction have NO affect on stockholders equity?

Purchase of land on credit

Dividends to stockholders

Net loss

Investment in cash by stockholders

11. The amount or property received by a non-profit organization as stated by the will of a deceased person is commonly referred to as:

Donation

Honorarium

Legacy

Endowment

12. What is used as the constitution of the company ?

Prospectus

Memorandum of Association

Articles of Association

Certificate of Incorporation

13. What is called birth certificate of the company?

Prospectus

Certificate of commencement

Articles of Association

Certificate of Incorporation

14. which of the following characteristics should exist to recognize a business as a partnership ?

The business needs to be registered with the Registrar of companies

There needs to be co-ownership a business and intention to share profit

The owners should have written an agrecment to conduct business as partners

The business n'eeds to have more than one woner

15. Milo has the year- end balances as follows Account receivables TA/ 5000 . Supplies TA. 12,000 Equipment's TA. 18,000 Accounts payable TA. 17,000 and Owner's available at year-end Given the account balances listed. the balance in the cash account should be:

TA.25,000

TA.95,000

TA.43,000

can't be setermined

16. Posting the transactions in bookkeeping means:

Making the second entry of a double entry transaction

Entering items in a cash book

Making the first entry of a double entry transaction

Something other than these

17. Which of the following statements best describes the purpose of financial accounting in a limited liability company?

Assist in the day -to day management

Ensure that the business pays -correct dividend

Enable business to py correct amount of tax

Help direction discharge their obligations to shareholder.

18. which one is not a reason of exchange rate fluctuation?

Supply of money

Government monetary policy

Export -import

Internal flow of capital

19. Items of property, plant and equipment can be recognized as assets when their cost can be measured reliably and it is likely that the future economic benefits associated with the assets:

will increase gradually

Will flow to entity

Will diminish with the passage oftime

Won't be available

RightAns: 0 | WrongAns: 0 | Result: 0/0