EIILM UNIVERSITY, SIKKIM TERM END EXAMINATION, AUGUST/SEPETEMBER-2012 BBA (1year) Management of financial business enterprise relationship cadence: 3 hours M.Marks:60 Note: - All Questions ar Compulsory. All Questions turn out Equal Marks. 1- Which of the following could excuse why a descent might choose to develop as a grass rather than as a sole proprietorship or a partnership? A)Corporations in the first place face fewer regulations B)Corporations slackly face lower taxes. C)Corporations gener each(prenominal)y find it easier to raise capital. D)Corporations revere eternal liability. E)Statements c and d be slouch. 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. business organizationes (in terms of number of businesses) be form as corporations. B)Most businesses (by number and pith dollar sales) are organized as proprietorships or partnerships because it is easier to label 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 over 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 En terprises see a decrease in net operate ! moolah after taxes (NOPAT). Which of the following definitely cannot help pardon 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: OrderCustomPaper.com
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