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New IIA-CFSA-SEC Test Bootcamp, IIA-CFSA-SEC Exam Fee | IIA-CFSA-SEC Reliable Dump - Dungseafood

IIA-CFSA-SEC

Exam Code: IIA-CFSA-SEC

Exam Name: Certified Financial Services Auditor - SecuritiesCertification

Version: V16.75

Q & A: 400 Questions and Answers

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NEW QUESTION: 1
Section A (1 Mark)
Total current assets of a company are Rs.960 lakh while the current liabilities (other than bank borrowings) are Rs.300 lakh. If the company borrowed Rs.350 lakh, what will be the amounts of Maximum Permissible Bank Finance (MPBF) under the (method I) of the Tandon committee recommendations?
A. Rs. 510 lakh
B. Rs. 500 lakh
C. Rs. 505 lakh
D. Rs. 495 lakh
Answer: D

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