The term _______means manipulation of accounts in a way so as to conceal vital facts and present the financial statements in a way to show a better position than what it actually is.

Related MCQs

• If the following are balance sheet changes: Rs. 5,005 decrease in accounts receivable Rs. 7,000 decrease in cash Rs. 12,012 decrease in notes payable Rs. 10,001 increase in accounts payable a "use" of funds would be the:
• Capital composition of a company including long term, medium term and short term finances
• The net cash flows of the project and their present values are as follows Year 1 2 3 4 Net cash flow (Rs) 5100 5100 5100 7100 PVIF @12% 0.893 0.797 0.712 0.636 Present Value (Rs) 4554 4065 3631 4516 The initial investment in the project is Rs12500, What is the NPV of the project?
• You are considering two mutually exclusive investment proposals, project A and project B. B's expected value of net present value is $1,000 less than that for A and A has less dispersion. On the basis of risk and return, you would say that
• The ratio which is obtained by dividing the present value of future cash inflows by the present value of cash out flows is called
• The discount rate which equates the present value of cash inflows with the present value of cash out flows is called -------
• The present value of total cash inflows should be compared with present value of ----------------------
• The net present value is expressed in financial value, where as internal rate of return(IRR) is expressed in ---------------
• The persons interested in the analysis of financial statements can be grouped as _________.
• Capital budgeting actually the process of making investment decisions in -----------