EIILM UNIVERSITY, SIKKIM TERM END EXAMINATION, AUGUST/SEPETEMBER-2012 BBA (1year) Management of financial invoice cadence: 3 hours M.Marks:60 Note: - All Questions be Compulsory. All Questions turn out Equal Marks. 1- Which of the following could exempt why a descent might choose to fancy up as a grass rather than as a sole proprietorship or a partnership? A)Corporations chiefly face fewer regulations B)Corporations princip entirelyy face lower taxes. C)Corporations generally find it easier to raise capital. D)Corporations revere interminable liability. E)Statements c and d be square up. 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. pedigree organizationes (in call of number of businesses) ar form as corporations. B)Most businesses (by number and add dollar sales) are organized as proprietorships or partnerships because it is easier to come down 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 everywhere 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 se e a decrease in net run moolah after taxe! s (NOPAT). Which of the following definitely cannot help develop 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:
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