7. A ... bond is a bond for which a company has pledged specific propenty to ensure in oymer. a. Registered bond b. Unregistered bond c. Secured bond d. All of Above 8- Receives a portion of ... that are declared and issued to common shareholders a. Voting b. Periodic financial report c. Dividend d. None of the above 9- Financial instruments include ... a. Financial Assets and Financial liability b. Finance c. Financial Management d. None of the Above 10- If one company buy a share of other company, then it is because there is no obligation on company to pay: a. Equity Instrument b. Building c. Cash d. None of the Above 11- A lease is a contractual agreement conveying ownership of certain property from one party to another party. True 12- The estimated fair value of the assets at the end of the lease term is known as residual value. 13- The lease which transfers substantially all the risk and rewards to ownership of an asset is operating lease. 14- Physical evidence of the debt lies in a negotiable bond certificate. 15- In addition to salaries, many companies offer other benefits to their employees such as pension plans, health insurance, stock option benefits, fitness memberships, or life insurance plans. True False 16- A bond indenture is the contract or loan agreement under which the bonds are issued. 17- The purpose is not to reveal the financial status of a business as of a specific point in time: 18- The concept of deferred revenue expenditure is included in the Income Tax Act. 19- An asset having no contractual right to receive cash. 20- Under the accrual basis, revenues and expenses are recorded when they are earned, regardless of when the money is received or paid. True False