Financial Management

EIILM UNIVERSITY, SIKKIM TERM END EXAMINATION, AUGUST/SEPETEMBER-2012 BBA (1year) Management of financial account statement cadence: 3 hours M.Marks:60 Note: - All Questions ar Compulsory. All Questions turn out Equal Marks. 1- Which of the following could excuse why a descent might choose to fix as a grass rather than as a sole proprietorship or a partnership? A)Corporations in the first place face fewer regulations B)Corporations loosely face lower taxes. C)Corporations gener onlyy find it easier to raise capital. D)Corporations revere illimitable liability. E)Statements c and d be localize. 2- Which of the following statements is virtually correct? A)Due to limited liability, unlimited lives, and ease of self-possession transfer, the vast majority of U.S. calling organizationes (in wrong of number of businesses) atomic number 18 form as corporations. B)Most businesses (by number and rack up dollar sales) are organized as proprietorships or partnerships because it is easier to snip up and function in one of these forms rather than as a corporation. However, if the business places very large, it becomes advantageous to convert to a corporation, primarily because corporations eat up important tax advantages all over proprietorships and partnerships.

C)Due to legal considerations colligate to ownership transfers and limited liability, most 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 decr ease in net operational moolah after taxes! (NOPAT). Which of the following definitely cannot help explain this decline? A)Sales revenues decreased. B)Costs of goods sold increased. C)Depreciation increased. D)Interest outlay increased. E)Taxes increased. 4- Which of the following statements is most correct? A)Cash flows and accounting wampum are not at all related since no common elements are used in the calculation...If you want to get a full essay, order it on our website: BestEssayCheap.com

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