Arrange the following liabilities in the order of company balance sheet.
(i) Bank Overdraft
(ii) Bank Loan
(iii) Share Capital
(iv) Provision for Taxation
| A. | i, ii, iii, iv |
| B. | iv, iii, ii, i |
| C. | iii, ii, i, iv |
| D. | iii, ii, iv, i |
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Option: A Explanation : Click on Discuss to view users comments. |
Which one of the following is not an accounting software?
| A. | Tally |
| B. | Miracle |
| C. | Profit |
| D. | SPSS |
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Option: D Explanation : Click on Discuss to view users comments. |
Assertion (A): "Advertising plays a vital role in selling products/services."
Reason (R): "Sales promotion is incomplete without a good advertising plan."
| A. | (A) is correct, but (R) is false. |
| B. | (A) is false, but (R) is correct. |
| C. | Both (A) and (R) are correct. |
| D. | Both (A) and (R) are false. |
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Option: C Explanation : Click on Discuss to view users comments. |
Statements:
(i) High morale always leads to high productivity.
(ii) High morale need not necessarily lead to high productivity.
| A. | (i) is correct, (ii) is incorrect. |
| B. | (i) is incorrect, (ii) is correct. |
| C. | Both are correct. |
| D. | Both are incorrect. |
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Option: A Explanation : Click on Discuss to view users comments. |
