Match List I (Transaction) with List II (Entry to be made) and select the correct answer by using the codes given below the list
List I List II
(a) Loss on realisation (i) Debits partner's capital A/C
(b) Profit on realisation (ii) Credit realization A/C
(c) Assets sold (iii) Credit Partner's A/C
(d) Creditors paid (iv) Debit realization A/C
| A. | Codes: (a) (b) (c) (d) (iii) (i) (iv) (ii) |
| B. | Codes: (a) (b) (c) (d) (iii) (i) (ii) (iv) |
| C. | Codes: (a) (b) (c) (d) (i) (iii) (ii) (iv) |
| D. | Codes: (a) (b) (c) (d) (i) (iii) (iv) (ii) |
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Option: C Explanation : Click on Discuss to view users comments. |
If Opening Stock is Rs. 10,000, Net Purchases Rs. 70,000, Wages Rs. 2,500, Carriage inward Rs. 500 and Closing Stock Rs. 15,000, what is the Manufacturing Cost?
| A. | Rs. 65,000 |
| B. | Rs. 83,000 |
| C. | Rs. 68,000 |
| D. | Rs. 73,000 |
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Option: C Explanation : Click on Discuss to view users comments. |
Which one of the following is not in sequence of personnel training procedure?
1. Instructor Preparation
2. Present the task
3. Try out performance
4. Training preparation
5. Follow up
| A. | 1, 2, 3, 4, 5 |
| B. | 2, 1, 4, 3, 5 |
| C. | 1, 4, 2, 3, 5 |
| D. | 3, 1, 2, 5, 4 |
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Option: C Explanation : Click on Discuss to view users comments. |
Assertion (A) : The Treasury Manager uses the derivatives in the Bond market as well as in Forex market.
Reason (R) : It helps risk coverage.
| A. | Both (A) and (R) are false. |
| B. | Both (A) and (R) are true. |
| C. | (A) is true, but (R) is false. |
| D. | (R) is true, but (A) is false. |
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Option: B Explanation : Click on Discuss to view users comments. |
Assertion (A) : Business Economics is tool centrics facilitating decision making in business.
Reason (R) : It provides an analytical understanding of economic activities.
| A. | Both (A) and (R) are not correct. |
| B. | Both (A) and (R) are correct. |
| C. | (A) is true, but (R) is false. |
| D. | (R) is true, but (A) is false. |
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Option: B Explanation : Click on Discuss to view users comments. |
