December 2012 - Paper 3

66:  

Under capital gains head of the Income Tax Act, the income from sale of Household Furniture is

A.

Taxable Income

B.

Capital Gain

C.

Revenue Gain

D.

Exempted Income

 
 

Option: D

Explanation :

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67:  

SDRs are popularly known as

A.

Currency Notes

B.

Paper Gold

C.

Silver Coin

D.

Gold Coin

 
 

Option: B

Explanation :

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68:  

When average cost is declining

A.

Marginal cost must be declining.

B.

Marginal cost must be above average cost.

C.

Marginal cost must be below average cost.

D.

Marginal cost must be rising.

 
 

Option: C

Explanation :

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69:  

What is customer value?

A.

Ratio between the customer's perceived benefits and the resources used to obtain these benefits.

B.

Excess of satisfaction over expectation.

C.

Post purchase dissonance

D.

None of the above

 
 

Option: A

Explanation :

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70:  

Who is not associated with HRM?

A.

Michael J. Jucius

B.

Dale Yodar

C.

Edvoin B. Flippo

D.

K. K. Devit

 
 

Option: D

Explanation :

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