SEBI Grade A Commerce & Accountancy Question Set-3
Practice Questions Set for SEBI Grade A 2022. SEBI Grade A Commerce & Accountancy Question Set with answers Phase I & Phase II. SEBI Grade A Study Material, Books, PDF’s, Free Notes and Mock Test for of Commerce Accountancy. As we all know that The Security Exchange Board of India (SEBI) has released the SEBI Grade A 2022 Notification for the recruitment of 120+ Assistant Managers across the country.
If you are preparing for SEBI Grade A 2022, you will come across a section on “Commerce & Accountancy”. In this post you will get sample questions for SEBI Grade A Commerce & Accountancy section. If you prepare this thoroughly, you can very easily crack SEBI Grade A 2022. If you want to crack SEBI Grade A 2022 exam then you should buy Best Books for SEBI Grade A 2022. Before starting the preparation for this exam you will aware of SEBI Grade A Previous Year Papers. These questions are important for SEBI Grade A Exam.
Commerce & Accountancy Practice Question Set-3
1. Which is called as Dividend Ratio Method?
A. Dividend Yield Method
B. Debt Equity Method
C. Asset Method
D. Equity Method
E. None of these
2. If the current ratio is 2: 1 and working capital is Rs. 60,000, What is the value of the current assets?
A. Rs. 60,000
B. Rs. 1,00,000
C. Rs. 1,20,000
D. Rs. 1,80,000
E. None of these
3. Capital gearing ratio indicates the relationship between
A. Assets and Capital
B. Loans and Capital
C. Equity shareholders fund and long term borrowed funds
D. Debentures and share capital
E. None of these
4.Identify the item that is not taken into account in computing the current ratio.
A. Bank overdraft
B. Bank
C. Stock
D. Cash
E. None of these
5. Given that fixed assets are at Rs. 600,000 current assets Rs. 400,000 share capital Rs. 500,000, fixed liabilities Rs. 2,50,000, Current liabilities Rs. 2,50,000, the solvency ratio will be
A. 20%
B.30%
C. 40%
D. 50%
E. None of these
6. Acid test ratio is equal to quick current assets divided by ____
A. Current liabilities
B. Current assets
C. Total liabilities
D. Trial Balance
E. Total assets
7. Which of the following items would be subtracted from net income when using the indirect method of calculating cash flows provided by operating activities?
A. Depreciation expense
B. Repayment of bonds payable
C.
D. A loss on the sale of equipment
E. None of these
8. Which of the following would be considered an investing activity and a source of cash?
A. Purchase of equipment
B. Sale of BBB’s stock held as an investment
C. Issuance of corporate stock
D. Receipt of interest on savings account
E. None of the above
9. The statement of cash flows does not include cash inflows and outflows for which of the following activities?
A. Financing activities
B.
C. Operating activities
D. Revenue activities
E. None of the above
10. Which of the following is not an example of cash equivalents?
A. Certificates of Deposit
B. Money market accounts
D. Money market mutual funds
E. Euro Bond
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SEBI Grade A (Assistant Manager) 2022 Preparation Book (VOL. I) of Commerce & Accountancy, Management, and Finance
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