Question

Which of the following is a financial asset?

a.

Equity shares

b.

Debentures

c.

G-Secs

d.

All of the above

Posted under IC 89 Management Accounting

Answer: (d).All of the above Explanation:Equity shares represent ownership in a company and are considered financial assets. Debentures are long-term debt instruments issued by companies, and they fall under the category of financial assets. G-Secs are debt securities issued by the government, and they are also classified as financial assets.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. Which of the following is a financial asset?
Add Comment

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. When should the insurer confirm the implementation of Internal/Concurrent Audit observations to the Authority?

View solution

Q. In what manner are shareholders' funds beyond the Solvency Margin treated in terms of investment?

View solution

Q. What is the requirement for reconciliation in the case of ULIP products for life insurers?

View solution

Q. What is the role of the Audit Committee in the internal audit process?

View solution

Q. What is the regulatory requirement for insurers with Asset under Management (AUM) not exceeding Rs. 1000 crores regarding internal audit of investments?

View solution

Q. How often should major expenses like management fees be accrued for computation of NAV?

View solution

Q. What is the significance of maintaining NAV history in the system?

View solution

Q. What is the purpose of the facility to upload transactions like Stock Splits, Dividend Receipts, etc., in the System?

View solution

Q. What role does the System play in compliance with regulatory requirements?

View solution

Q. Why is the periodic credit review necessary for investee companies?

View solution

Q. What is the significance of the System capturing and considering Instrument Ratings?

View solution

Q. What types of risks are associated with investments?

View solution

Q. What is the purpose of the System in monitoring and controlling Inter Fund Transfer transactions?

View solution

Q. What is the role of the Cash Management System (CMS) in managing liquidity risks?

View solution

Q. What is the purpose of the Maker/Checker procedure?

View solution

Q. What is the purpose of the Authority Matrix?

View solution

Q. What role does the Chief Financial Officer (CFO) play in the reporting structure of the investment department?

View solution

Q. What is emphasized regarding the integration of multiple Data-Entry Systems in investment functions?

View solution

Q. How is data transfer between Front Office and Back Office recommended to be carried out?

View solution

Q. What is the recommended reporting structure for the Investment Department in an insurance company?

View solution
View All MCQs on IC 89 Management Accounting

Recommended Subjects

Are you eager to expand your knowledge beyond IC 89 Management Accounting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!

Basic Chemical Engineering

Get a solid foundation in Chemical Engineering with our Basic Chemical Engineering...

Food Engineering

Explore the fascinating world of Food Engineering with our specialized category....

Business Statistics

Uncover the power of data analysis with our Business Statistics category. Explore...

Heat Transfer

Explore the fascinating world of heat transfer with our Heat Transfer category....

Data Interpretation

Master the art of data analysis and interpretation with our Data Interpretation...

Analytical Instrumentation

Dive into the world of precise measurements with our Analytical Instrumentation...

Foundation Engineering

Master the principles of Foundation Engineering with our specialized category....

Engineering Materials

Discover the building blocks of engineering with our Engineering Materials category....

International Relations

Navigate the complex world of International Relations with our dedicated category....