Smartindia Classroom
CONTENTS
English
Accountancy
Business Studies
Computer Science
Economics
Back to home
Start Practice
Question-1
When debentures are issued for an amount equal to the face value of debenture but redeemable at a par they are said to be____________.
(A)
Issued at premium and redeemable at par
(B)
Issued at discount and redeemable at par
(C)
Issued at par and redeemable at par
(D)
None of these
Question-2
If debentures are issued for an amount more than their face value but redeemable at par they are said to be issued ___________.
(A)
At premium and Redeemable at par
(B)
At discount and Redeemable at par
(C)
At par and Redeemable at par
(D)
None of these
Question-3
Identify the Debenture holder from the following.
(A)
Surplus is not paid to him
(B)
After the payment of all liabilities surplus if any is paid to him
(C)
He is the owner of the company
(D)
He is entitled to participate in the management of the company
Question-4
Identify the Debenture holder from the following.
(A)
He is the owner of the company
(B)
He is entitled to participate in the management of the company
(C)
He is not entitled to participate in the management of the company
(D)
He is called share holder
Question-5
_________ bond is one which does not carry a specified rate of interest.
(A)
Coupon rate
(B)
Naked debenture
(C)
Secured debenture
(D)
Zero coupon rate
Question-6
When debentures are issued for an amount less than their face value but redeemable at par they are said to be issued ----------------
(A)
At premium
(B)
At discount
(C)
At par
(D)
None of these
Question-7
Identify the Debenture holder from the following
(A)
He is the owner of the company
(B)
He is just the creditors of the company
(C)
He is entitled to participate in the management of the company
(D)
He is called share holder
Question-8
These debenture are those which are not given any security. What type of debenture is it ?
(A)
Registered debenture
(B)
Bearer debenture
(C)
Secured debenture
(D)
Unsecured debentures
Question-9
Irredeemable debentures are also known as --------------------
(A)
Secured
(B)
Unsecured
(C)
Perpetual
(D)
Naked
Question-10
Identify the features of Debenture:
(A)
Debentures are issued under the common seal of company
(B)
Debentures are not issued under the common seal of company
(C)
The amount of it is not repaid during the life time of the company
(D)
None of these
Your Score 0/10
Click
here
to see your answersheet and detailed track records.
Plus 2 Commerce
ICSE/ISC
Practice in Related Chapters
Partnership Accounts : Distribution of Profits
Goodwill - Concept and Mode its Valuation
Partnership Accounts : Admission of Partner
Capital Adjustment of Change of Profit Sharing Ratio
Admission of a Partner
Final Accounts of Companies
Joint Stock Company Accounts: Issue of Debentures
Cost Accounting An Introduction
Joint Venture Account
Sectional Balancing and Self Balancing System
Ratio Analysis
Cost Accounting Inventory Valuation
Cash Flow Statement
Cost Accounting Cost Sheet
Cash Flow Statement
Powered By