1. What is cheaper and holds a lower risk value: Debt or Equity? Explain.

2. What are the challenges of a Financial Manager?

3. How does accounting differ from finance?
4. What are the limitations of accrual base accounting?
5. What are the limitations of accounting standards?
6. Which indicator best shows the performance of a company?
7. What are the challenges of a Finance manager?
8. Can accounting data measure overall performance of the company?
9. List the differences between ‘GAAP’ & ‘IFRS’.
10. What is ‘Retained earring’? What is the benefit of having a large percentage of retained
earnings compared to a smaller percentage?
11. Define WACC, MVA, EVA.
12. What are the parameters that constitute the capital structure of a company and why?
13. Explain what is meant by the ‘Acid-test-ratio’?
14. Explain the differences between the ‘ Accounting profit” and “ Economics profit’.