51. The _________ decision involves determining the appropriate make-up of the right-hand side of the balance sheet.
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52. Financial Management is the
Application of Planning and Control Function to the Finance Function
Application of cost plan in respect of the production
Application of costing system
Art of recording
53. The corporate finance theory implies that
Owners have the primary interest in the firm
The firm should accept only those investment which generates a positive net present value
The firm capital structure and dividend decisions are irrelevant as they are solely guided by efficient capital markets and management has no control over them
All of the above
54. What is a leveraged buyout?
It is a type of joint venture.
It is an acquisition in which a large acquirer has leverage through bargaining power over a small target.
It is an acquisition which is funded from a relatively large amount of debt.
It is an acquisition which is funded from a relatively low amount of debt.
55. Working capital can be used for the purchase of
land & building
UGC NET PAPER 1
UGC NET Management
UGC NET COMPUTER SCIENCE
UGC NET COMMERCE
GATE COMPUTER SCIENCE
CFA Level 1
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