1. Absorption is said to take place when:

2. For a company to carry out capital reduction, permission is required from the:

3. For calculating market value using P/E ratios, it is necessary to know:

4. Which of the following is not concerned with the valuation of goodwill ?

5. When two or more companies dissolve to form a new company, the process is known as:

6. Any balance in the capital reduction account after writing off lost capital is transferred to:

7. Dividends are usually paid on the:

8. In a scheme of reorganization, the amount of shares surrendered by shareholders is transferred to the:

9. The relationship between normal rate of return and P/E ratio is:

10. Advance payment of tax should be shown on the: