December 2012 - Paper 3

11:  

In accounting, profit prior to incorporation is treated as

A.

Revenue Reserve

B.

Secret Reserve

C.

Capita] Reserve

D.

General Reserve

 
 

Option: C

Explanation :

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12:  

If the current ratio is 2:1 and working capital is Rs 60,000, what is the value of the Current Assets?

A.

Rs 60,000

B.

Rs 1,00,000

C.

Rs 1,20,000

D.

Rs 1,80,000

 
 

Option: C

Explanation :

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13:  

There are impulses which persuade a customer to buy certain products without evaluating the positive and negative value of the same.

A.

Emotional motives

B.

Blind motives

C.

Egoistic motives

D.

All the above

 
 

Option: D

Explanation :

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14:  

Merit rating is not known as

A.

Efficiency Rating

B.

Service Rating

C.

Job Rating

D.

Experience Rating

 
 

Option: C

Explanation :

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15:  

Match the following :

           List - I                                List - II

a. Matching approach     1. Dividend Policy

b. Structural ratios          2. Inventory Management

c. Ordering quantity        3. Financing Working Capital

d. Bonus shares              4. Capital Structure

A.

Codes:

(A) (B) (C) (D)

1    2    3    4

B.

Codes:

(A) (B) (C) (D)

3    4    1    2

C.

Codes:

(A) (B) (C) (D)

3    4    2    1

D.

Codes:

(A) (B) (C) (D)

2    1    3    4

 
 

Option: C

Explanation :

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