June 2012 - Paper 3

21:  

If the two regression coefficients are 0.8 and 0.2, then the value of coefficient of correlation is

A.

+0.16

B.

-0.40

C.

-0.16

D.

+0.40

 
 

Option: D

Explanation :

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22:  

Present value of future earnings is a model of Human Resources Accounting suggested by

 

A.

Brauch Lev & ABA Schwartz

B.

Jaggi & Lau

C.

S. K. Chakraborty

D.

Eric Flamhaltz

 
 

Option: A

Explanation :

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23:  

X and Y are partners in a firm sharing profits in the ratios of 2:1. Z is admitted with a 1/3 profit sharing. What will be the new profit sharing ratio of X, Y and Z?

A.

3 : 3 : 3

B.

4 : 3 : 2

C.

4 : 2 : 3

D.

2 : 3 : 4

 
 

Option: C

Explanation :

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24:  

Assertion (A) : Internal factors of business environment are controllable factors.

Reason (R) : The company can alter or modify such factors to suit the environment.

A.

Both (A) and (R) are correct.

B.

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

C.

Both (A) and (R) are incorrect.

D.

(A) is incorrect.

 
 

Option: A

Explanation :

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25:  

BRICS includes

A.

Bhutan, Romania, Indonesia, Chile and South Korea

B.

Brazil, Russia, Indonesia, Chile and Sudan

C.

Brazil, Russia, India, China and South Africa

D.

Britain, Russia, India, Czechoslovakia, Sri Lanka

 
 

Option: C

Explanation :

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