Funds are the major requirement for every kind of business. A company in its life time can raise funds by securing a loan, issuing capital, debentures etc. The company can choose any ways as per its convenience.
Debentures are debt part for the company. Various rules and regulation imposed by companies act need to be complied. Debentures issued should be backed by security and carry interest rate as well. This feature makes debenture as risk free investment for the investors.
No doubt Company has to bear cost for this instrument also. But the interest paid on debentures is considered as expenses in calculation of Income Tax.
Here we bring a quiz to check yourself on the debenture matter.Test yourself.
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- Question 1 of 10
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- Question 2 of 10
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Wage sheet is prepared byCorrect
Payroll department prepares the wage sheetIncorrect
- Question 3 of 10
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Methods of measuring labour turnover areCorrect
There are 3 methods of measuring labour turnover namely separation rate method, replace ment method and labour flaux rate methodIncorrect
- Question 4 of 10
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Cost of abnormal idle time are transferred toCorrect
Abnormal idle time is related to labour cost and hence transferred to costing Profit and loss accountIncorrect
- Question 5 of 10
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Time recording clock prints the time onCorrectIncorrect
- Question 6 of 10
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Idle time arises only when the workers are paid onCorrect
Idle time arises only when the workers are paid on time basisIncorrect
- Question 7 of 10
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Time not spent on productive work Is known asCorrectIncorrect
- Question 8 of 10
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The workers who are sent to sites or customers premises for performing work are known asCorrectIncorrect
- Question 9 of 10
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Under piece rate system, payment is made according toCorrectIncorrect
- Question 10 of 10
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When overtime is required for meeting urgent orders, overtime premium should be charged toCorrectIncorrect