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Business Answers

Business 2nd puc 2nd test key answers

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0% found this document useful (0 votes)
35 views3 pages

Business Answers

Business 2nd puc 2nd test key answers

Uploaded by

Praneel R
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

assets

Note- refer NCERT Working capital -


examples.

Marketable securities are financial assets


that can be quickly converted to cash
within a year, and are considered highly
liquid. Examples of marketable securities
include stocks, bonds, certificates of
Scanned
deposit, and money with ACE
market Scanner
instruments
8) State any one importance of controlling process.
Helps in Achieving organisational objectives
Helps in Coping with rapid changes

9) Give an example of current assets


Stock, Debtors, & Cash etc

10) Give the meaning of product.


A product is a bundle of utilities, which is purchased because of its
capability to provide satisfaction of certain need.

PART -B

11) Write the first two steps in controlling process.


Step 1 - Setting performance standards
Step 2- Measurement of Actual performance.

12) Define managerial control


According to Koontz and O’ Donnel-
“Managerial Control implies the measurement of accomplishment against
the standard and the correction of deviations to assure attainment of
objectives according to plans.”

13) What do you understand by financial management?


Financial Management is concerned with optimal procurement as well as
the usage of finance. For optimal procurement, different available sources
of finance are identified and compared in terms of their costs and
associated risks.Financial management aims at: Reducing costs of funds
procured & Keeping risk under control

14) State the twin objectives of financial planning.


Financial planning strives to achieve the following twin objectives.
(a) To ensure availability of funds whenever these are required:
(b) To see that the firm does not raise resources unnecessarily:

15) State any 2 features of marketing.


A. Needs & Wants
B. Customer value
C. Creating a market offering

16) State any two functions of packaging.


A) Product identification B) Product protection
PART C

19) Identify the type of financial decision involved


a) Investment of Rs.2 crore in new machinery - Long term Investment
decision / Capital Budgeting Decision.
b) Issue of equity shares worth Rs.40 Lakhs- Financing decision.
c) Borrowing from bank Rs.15 lakh-Financing decision.
d) 3% Dividend declared to equity share holders- Dividend Decision

Note- Part-A, question 2


Cheapest source of finance is __________
as per board instructions consider Debenture as cheapest
source of funds

For other answers refer CW/Notes.

**

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