Which working capital financing approach uses short-term funds to finance temporary current assets and long-term funds to finance permanent current assets? MCQ with Answer and Explanation

Which working capital financing approach uses short-term funds to finance temporary current assets and long-term funds to finance permanent current assets?
A. Aggressive Approach
B. Matching (Hedging) Approach
C. Zero Working Capital Approach
D. Conservative Approach
Answer: Option B
Solution (By JKSSB Mock Tests)
The matching approach synchronizes the maturity of the financing source with the life of the asset being financed.

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Practice More Accountancy and Book Keeping Questions

Question #1
The 'Rule 86B' under GST restricts use of ITC for:
A. Taxpayers with taxable outward supplies exceeding ₹50 lakh per month, allowing ITC utilisation for output tax up to 99% of output liability
B. All taxpayers
C. Only composition dealers
D. No restriction

Correct Answer: Option A


Explanation:
Rule 86B mandates that large taxpayers must pay at least 1% of output liability in cash.

Question #2
S1: Under the Companies Act 2013, a company can buy back its shares up to 25% of its total paid-up equity capital in a financial year. S2: The debt-equity ratio should not exceed 2:1 after a buyback of shares. Which statement(s) is/are correct?
A. S1 only
B. Neither S1 nor S2
C. S2 only
D. Both S1 and S2

Correct Answer: Option D


Explanation:
Section 68 of the Companies Act 2013 limits buyback to 25% of total paid-up equity capital in a year and mandates that the post-buyback debt-to-equity ratio must not exceed 2:1. Both are correct.

Question #3
A company's net profit before tax is ₹5,00,000, tax rate 30%. Preference dividend ₹20,000. Number of equity shares 50,000. EPS is:
A. ₹5.60
B. ₹7.00
C. ₹6.60
D. ₹6.00

Correct Answer: Option C


Explanation:
PAT = 5,00,000 - 1,50,000 tax = 3,50,000. Less preference dividend 20,000 = 3,30,000. EPS = 3,30,000 / 50,000 = ₹6.60.