MODEL PAPER 2025 — Accountancy STD 12 Commerce — Question

The key issue in an international cash management is:

1. Giving sufficient independence to individual subsidiaries.
2. Centralizing and minimizing independence of subsidiaries.
3. Deciding whether hedging is required or not.
4. Striking the right balance between decentralization and centralization.

ABC co. extends credit term of 45 days to its customers. Its credit collection would be considered poor if its average collection period was ____________.

1. 30 days
2. 36 days
3. 47 days
4. 42 days

Debenture premium can be used to:

1. Write off the discount on issue of shares or debentures
2. Write off the premium on redemption of shares or debentures
3. Write off capital loss
4. All of the above

NPV of a proposal, as calculated under Risk Adjusted Discount Rate(RADR) & Real Certainty Equivalent(CE) Approach will be __________.

1. Same
2. Unequal
3. Both A and B
4. None of A and B

Inventory turnover in days = Days during the period ÷ __________.

1. Inventory turnover ratio
2. Material consumed during the period
3. Cost of average stock during the period
4. None of these

If the taxable income of a domestic company for the Assessment Year 2011−12 is Rs.9,00,000, its tax liability will be _____________.

1. Rs.2,76,800
2. Rs.2,78,100
3. Rs.3,70,800
4. Rs.3,70,880

Way(s) of Redemption of Debentures:

1. Payment in Lump sum
2. Only A and C
3. Conversion into Shares or New Debentures
4. Purchase From Share Market

Choose the right answer:
The most commonly used tools for financial analysis are:

1. Horizontal analysis.
2. Vertical analysis.
3. Ratio analysis.
4. All the above.

Profit and loss account discloses the profit/loss for a ___________period.

1. Over time
2. Specified
3. Not specified
4. None of the above

Which of the following is not concerned with Financing Activity?