December 2012 - Paper 3

36:  

Public distribution system relates to

A.

Marketing system

B.

Retailing system

C.

Industrial system

D.

Selling system

 
 

Option: B

Explanation :

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37:  

Assertion (A) : Accounting information refers to only events which are concerned with business firm.

Reason (R) : Accounting information is presented in financial statements.

 

A.

(A) is correct, but (R) is wrong.

B.

Both (A) and (R) are correct.

C.

(A) is wrong, but (R) is correct.

D.

Both (A) and (R) are wrong.

 
 

Option: B

Explanation :

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38:  

Fill in the blanks :

              Statements                                                                           Alternatives

a. Loyal customers _____ products.                                           1. Less attention

b. Loyal customers are ______ sensitive.                                   2. Cheaper

c. Loyal customers pay ______ to competitor's advertising.      3. Less price

d. Serving existing customer is ______ .                                    4. Buy more

A.

Codes:

a b c d

3 1 2 4

B.

Codes:

a b c d

4 3 1 2

C.

Codes:

a b c d

2 1 3 4

D.

Codes:

a b c d

4 3 2 1

 
 

Option: B

Explanation :

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39:  

'Kinked' demand curve is related with

A.

Monopoly

B.

Discriminating monopoly

C.

Oligopoly

D.

Perfect competition

 
 

Option: C

Explanation :

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40:  

Which one of the following is not a source of conflict in project ranking in capital budgeting decision as per NPV and IRR?

A.

Independent Investment Project

B.

No Capital Budget Constraints

C.

No time disparity

D.

None of the above

 
 

Option: D

Explanation :

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