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Q. Valuation balance sheet is prepared by a life insurance company to find out

Q. Unclaimed dividend is shown on the liability side of the balance sheet of a company as -- -------

Q. Accounting standards and Standards on Auditing establish standards which have to be complied with to ensure that financial statements are prepared in accordance with ______.

Q. Own debenture account will appear on the …… side of B/S

Q. The buy back of shares may be done

Q. P/E ratio is a relationship between……………….. and ……………

Q. Banks are required to transfer ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of their profits to a statutory Reserve.

Q. Which of the following statements are true? I) Financial statements are only interim report. II) Financial statements are also known as annual records. III) Financial statements are historic.

Q. In …………., the insurer agrees to pay a certain sum of money to the policyholder either on his death or a certain age, which ever is less.

Q. Schedule 16 relates to….