December 2011 - Paper 2

31:  

Which one of the following statements is correct?

A.

Increase in liabilities are credits and decrease are debits.

B.

Increase in assets are credits and decrease are debits.

C.

Increase in capital are debits and decrease are credits.

D.

Increase in expenses are credits and decrease are debits.

 
 

Option: B

Explanation :

Click on Discuss to view users comments.

Write your comments here:



32:  

In a unimodal and symmetric distribution, the relationship between averages is like this.

A.

mean > median > mode

B.

mean < median < mode

C.

mean = median = mode

D.

mean > median < mode

 
 

Option: C

Explanation :

Click on Discuss to view users comments.

Write your comments here:



33:  

Which one of the following is not the mode of Direct Distribution system?

A.

Multiple shops

B.

Door to door selling

C.

Broking agent

D.

Direct mail order

 
 

Option: C

Explanation :

Click on Discuss to view users comments.

Write your comments here:



34:  

Performance appraisal is

A.

Morale boosting

B.

Training and Development Activity

C.

Job Analysis

D.

None of the above

 
 

Option: C

Explanation :

Click on Discuss to view users comments.

Write your comments here:



35:  

Factor Endowment Theory of International Trade was propounded by

A.

David Ricardo

B.

Bertil-Ohlin

C.

J. S. Mill

D.

C. P. Kindleberger

 
 

Option: B

Explanation :

Click on Discuss to view users comments.

Write your comments here: