Classical

December 2014 - Paper 2

41:  

To show the trend for a variable, which one of the presentation method is used?

A.

Histogram

B.

Frequency polygon

C.

Line graph

D.

Scatter graph

 
 

Option: C

Explanation :


42:  

Cash Flow Management involves :

I. Lock-box system

II. Marketable securities

III. Playing the float

IV. Concentration Bank Account

A.

I, II and III only

B.

II, III and IV only

C.

I, III and IV only

D.

I, II and IV only

 
 

Option: C

Explanation :


43:  

Match the items of the following two lists and suggest the correct code :

List - I                                                List - II

a. Zero Income Elasticity                i. Substitute goods

b. Unit Cross Elasticity                   ii. Complementary goods

c. Positive Cross Elasticity             iii. Indifferent goods

d. Negative Cross Elasticity           iv. Independent goods

Choose the correct option :

A.

Codes:

a  b  c  d

iii ii  i  iv

B.

Codes:

a  b  c  d

ii  iii iv  i

C.

Codes:

a  b  c  d

iii iv  i  ii

D.

Codes:

a  b  c  d

iv  i  ii  iii

 
 

Option: C

Explanation :


44:  

Rational buying motives that determine purchase decisions are mostly based on

A.

Price factor

B.

Psychological factors

C.

Quality of product

D.

Advertisement

 
 

Option: A

Explanation :


45:  

When a firm is dissolved, profit or loss on realisation is shared by the partners

A.

Equal

B.

In the ratio of their capital balances

C.

In the profit sharing ratio

D.

In the ratio laid down in Gamer Vs. Murray

 
 

Option: D

Explanation :




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