Classical

Advanced Questions - Section 7

6:  

Match the items from List-I with the items in List-II

List-I                                       List-II

(A) Error of Principle        (i) A purchase of Rs. 1000/- has not been

                                         recorded

(B) Error of Commission  (ii) Treating repair charges as addition to assets

(C) Error of Omission       (iii) A sale of Rs. 563 was posted as Rs. 653

(D) Compensatory error    (iv) Sales book is undercast by Rs1000/- and

                                        return inward book is overcast by Rs1000

                                      (v) Return inward book is undercast by

                                           Rs1000/- and purchase book is

                                           overcast by Rs.1000/-

A.

Code:

(a) (b) (c) (d)

(ii) (iii) (i) (iv)

B.

Code:

(a) (b) (c) (d)

(ii) (iii) (iv) (v)

C.

Code:

(a) (b) (c) (d)

(iv) (ii) (i) (iii)

D.

Code:

(a) (b) (c) (d)

(ii) (iii) (i) (v)

 
 

Option: D

Explanation :


7:  

The sum total of emotional and informational behaviour is called

A.

Motivation

B.

Talent

C.

Intuition

D.

Attitude

 
 

Option: C

Explanation :


8:  

A marketing concern generally taps sources for financing its activities from

A.

Owned Capital

B.

Bank Credit

C.

Trade Credit

D.

All of the above

 
 

Option: D

Explanation :


9:  

What do you mean by 'cash equivalents'?

A.

Bank balance

B.

Short-term highly liquid securities

C.

Investments

D.

Investment in debentures

 
 

Option: B

Explanation :


10:  

Match the following

List-I                                          List-II

(Export Processing Zones)      (Location in City)

(A) Uttar Pradesh                      (i) Noida

(B) Tamil Nadu                          (ii) Chennai

(C) West Bengal                        (iii) Falta

        (D) Andhra Pradesh                  (iv) Visakhapatanam

A.

Code:

(a) (b) (c) (d)

(iii) (ii) (iv) (i)

B.

Code:

(a) (b) (c) (d)

(ii) (i) (iii) (iv)

C.

Code:

(a) (b) (c) (d)

(i) (ii) (iii) (iv)

D.

Code:

(a) (b) (c) (d)

(i) (ii) (iv) (iii)

 
 

Option: A

Explanation :




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