Quiz Balance Sheet

CPA (MSME) will be conducted if the exposure is Rs ........

• 10 Lacs in Rural

• Above 1 Crore

• 1 Crore & above

• 50 Lacs in Metro

IN CIBIL Any credit history in the last ....... months will be taken into account for scoring

• 24

• 12

• 36

• 60

....... Reflects the net profit or loss of the entire business after duly accounting for all administrative and selling expenses.

• Balance Sheet

• P & L statement

• Fund Flow statement

• Cash Flow statement

Which one is not the purpose of Cash Flow Statement

• Without profit and flow of cash a business unit can not run for ever

• A balance sheet can be well presented by ever-greening

• Whether working capital has increased, if so how the working capital gap is financed

• To get finance the basic thing is the business should be profitable

Which one is wrong related to obtainaining of audited balance sheeW

• Total exposure from all Banks/FIs is Rs.50 lakh and above

• All companies irrespective of turnover

• Sales Turnover  > 1 crore  Per annum

• Revenue / Income > 50 lakh per annum in case of professionals

Which one is not a source of long term liabilitiy

• Term loan from Bank

• Debentures

• Bonds

• Cash Credit Limit

Which one in not a Current Asset

• Sundry Debtors

• Pre paid expenses

• Investment in sister concer

• Advance to RM supplier

Which one is not a intangible asset

• Goodwill

• Patent

• Copyright

• Security Deposits

What is the benchmark Current Ratio as per loan policy

• >3:1

• ≥ 1.15

• < 1.15

• < 3:1

Legal opinion by two advocates if value of single property is

• 5 Crore & Above

• 2 Crore & Above

• Above 2 Crore

• Above 5 crore