Explore topic-wise InterviewSolutions in Current Affairs.

This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.

1.

Discuss any 5 market ratios with their importance

Answer»

Answer:

MARKET value ratios are used to evaluate the current share PRICE of a publicly-held company's stock. These ratios are employed by current and potential investors to determine whether a company's shares are over-priced or under-priced. The most common market value ratios are as follows: Book value PER share.

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2.

After the 2 for 1 share split number of shares will?A- Remain sameB-ReduceC-Be halfd- Double

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Answer:

B. REDUCE

EXPLANATION:

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3.

Accrued interest was not collected whereas there was a contingent likability of 1200 which was met.

Answer»

Answer:

both are your answer

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EXPLANATION:

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4.

Helium gas is compressed in an adiabatic turbine from 75 kPa as saturated vapor to a pressure of 9 MPa and 600°C at a rate of 0.0035 L/s, Give the power output of the turbine?

Answer»

ANSWER:

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5.

ܠܫܝܩܐܡYouappointedmanagementtraince in Arcein thethe department& finance Recentlyfirmhasfor a te leenapproachedCash flowStatementf the CurrentyearsThe son marise ble2018nolagiven below inlave 2019Liabilities 2018 2019Share Cape200.000 250.000니스 Popro 1,90,000GA15 2.7400Ple Alc3.500 30,6mStokBank loanDobtonsCreditor Sono / 136,20 Lash100cm 7407o. com-ܬܬܘܬܐ ܘܠܬܫܟ ܘܟܝܟܝܓ ܝܘܡܐ1530.00 Sloga$3.000 5 ore​

Answer»

ANSWER:

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6.

Define earning capacity method and asset backing method​

Answer»

The DETERMINATION of net assets VALUE of the company is calculated FIRST in this method. Earning capacity method: If valuation of share of any company is done by COMPARING 'expected rate of return' with 'normal rate of return', then it is KNOWN as Earning capacity method....

The net asset backing method provides the least complex and consistent basis for assessing the value of private companies

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7.

From the following transactions, prepare the Purchases Returns Book of Alpha & Co., asaree dealer and post them to ledger Date Debit Note No.Particulars04.01.2018 101 Returned to Goyal Mills, Surat – 5 polyester sarees @ ₹ 100.09.01.2018 Garg Mills, Kota – accepted the return of sarees (which were purchased for cash) – 5 Kota sarees@ ₹ 40.16.01.2018 102 Returned to Mittal Mills, Bangalore –5 silk sarees @ ₹ 260.30.01.2018 Returned one typewriter (being defective) @₹ 3,500 to B & Co.​

Answer»

Explanation:

For PURCHASE return you can WRITE

PURCHASE RETURN A/c ...Cr

Instead of Purchase A/c

( Depending UPON the question)

and write DEBIT NOTE instead of INVOICE No

8.

Star anise which gas produce 200000 goods for cash 60000 and on credit Rupesh 150000 sold goods for cash costing rupees 40000 rent paid 5000

Answer»

what do you WANT in the above QUESTION

9.

Define the method valuation of shares defination or formula all​

Answer»

ANSWER:

here is some method

hope this help you

Explanation:

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10.

Returned goods to hari $3000​

Answer»

ANSWER:

what to do in this BRO?????MENTION it PROPERLY...

11.

Returned goods to hari ram​

Answer»

EXPLANATION:

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12.

How to see the logarithm

Answer»

ANSWER:

HOPE this HELP you

EXPLANATION:

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13.

The famous book 'The philosophy of management is written by

Answer»

Explanation:

The PHILOSOPHY of MANAGEMENT” was written by:. Answer options - HENRY FAYOL, OLIVER scheldon, .

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14.

On jan 1st 2016 xltd. Purchased a maruti Alto 800 from the entel pvt. Ltd on a hire purchase system. The agreed cash selling price was Rs 120000and and total addition for interest of Rs 18000 at the time of agreement a sum of rs is 30000 was paid of out of the price of the car and balance was payable in 3 equal installment together with interest @10%p.a.you require to show xltd . Accounts interest suspense account, H. P sales account and also Balance sheet of 2016

Answer»

ANSWER:

MAKE INDIA FREE from CORONA.

15.

Partnership deed is an ________ of partnership​

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ANSWER:

AGREEMENT

EXPLANATION:

PARTNERSHIP DEED is an agreement of partnership

16.

Farah,gauri and malaika are partners sharing profits equally as from 1st April 2015 they decide to change their profit sharing ratio to 6:5:4. an extract of their balance sheet as at 31st March 2015 is liabilities side- investment fluctuation reserve rupees 48000 and assest side-investment (at cost) rupees 750000.show the accounting treatment under the following alternative cases -1) if there is no other information,2) if the market value of investment is also rupees 750000 ,3) the market value of investment is rupees 725000 ,4) if the market value of investment is rupees 800000 .​

Answer»

ANSWER:

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17.

Int on capital (journal entry)​

Answer»

Explanation:

Interest on capital is an expense for the business and is added to the capital of the proprietor thereby increasing his total capital in the business.

...

Accounting and Journal Entry for Interest on Capital.

Interest on Capital A/c Debit Debit the INCREASE in expense

To Capital A/c Credit Credit the increase in capital

Contributed capital is an ELEMENT of the total amount of equity recorded by an organization. ... When an investor PAYS a company for shares of its STOCK, the typical journal entry is for the company to debit the cash ACCOUNT for the amount of cash received and to credit the contributed capital account.

18.

Which of the following is not included in quick asset?​

Answer»

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19.

Q21. Sales of a firm are Rs. 74 lakh, variable costs Rs. 40lakh, fixed costs Rs. 8 lakh. Operating leverage of the firmwill beA. 1.48 B. 1.78C. 1.31 D. 2.42​

Answer»

Answer:

hey .....XD...ur answer is here

Explanation:

Answer : 1.31

part C is the answer

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20.

Cost of exceptional repairs of a non-recurring Nature by the way of overhauling the entire plant is(A)Capital expenditure(B) Revenue expenditure(C) Defered revenue expenditure(D)Capital lost

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ANSWER:

(a) CAPITAL EXPENDITURE

21.

working capital is the excess of current assets over current liabilities but companies like HUL,Godrej, Bharti airtel, Hero Motocorp, faces the negative working capital in their operating life. thus their current lliabilities exceed their current assests in some years.what is your belief in this regard,can working capital ever be negative or zero for any company? If yes than what shall be the repercussions if a company has(a) dearth of working capital (b)overloades of working capital

Answer»

ANSWER:

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22.

The Person from whom some money is receivable on accountof Credit Sales is known as​

Answer»

Answer:

Accounts Receivable (AR) is the PROCEEDS or payment which the company will receive from its CUSTOMERS who have purchased its goods & services on credit. Usually the credit period is short ranging from few days to months or in some CASES maybe a year.

23.

Working capital turnover ratio if.cost of revenue from operation is = Rs. 960000.gross profit =20%excess of current assets over current liabilities = Rs. 300000​

Answer»

ANSWER:

Ans-4:1  

Explanation:

Cogs=9,60,000

Excess of CA over CL = WC

GP On SALES=20%

So GP=1/5th on Sales or 1/4 on Cogs

GP= 1/4 OF 9,60,000

    =2,40,000

So Total Sales= 9.6L+2.4L=12L

WCTR=Sales/Working Capital

          =12L/3L

          =4:1

24.

Accounting From Incomplete RecordsThe balancing figure in the above account is lil(a) Bills Payable DishonouredEndorsed Bills Receivable Dishonoured (9. Opening Capital is ascertained by preparing -(a) Total Debtors Account(C(C(10) Cash received from debtors needed for the cc(C)(c) Cash Account​

Answer»

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25.

9. M/s Sitaram and Co2 pointspurchased a Machinery on 1stJanuary 2016 for Rs 200,000.Company providesdepreciation @ 10% p.a onreducing balance method on31st of Marcy every year.Calculate written down valueof Machinery as on 31st March2017.​

Answer»

Answer:

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26.

5 PM1.89K/s424G7. A machine costing Rs 23000 2is estimate to have a life of 7years and the scrap value isestimated Rs 2000At the endof its useful life. Find out theamount of depreciation p.a.​

Answer»

Answer:-

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27.

jai and mishan are partners their capital are rs. 3,00,000 and rs.2,00,000 are respectively . during the year ended 31.03.2021 the firm earned a profit of rs. 1,50,000 . assuming the normal rate of return as 20% calculate the goodwill on the basis of: 1) on the basis of 2 years purchase of super profit . 2)on the basis of capitalisation of super profit. 3)on the basis of capitalisation of average profit​

Answer»

Answer:

Capital employed = 300000+200000= 500000

AVERAGE profit = 150000

normal rate of return = 20%

SUPER profit = Average profit - normal profit

Normal profit = capital employed *normal rate of return

= 500000*20/100= 100000

super profit = 150000-100000= 50000

1. Goodwill on the basis of 2 year purchase of super

profit

Goodwill =super profit * no.of year purchase

= 50000*2= 100000

2. on the basis of capitalisation of super profit

Goodwill = super profit *100/ normal rate of return

= 50000*100/20= 250000

3. on the basis of capitalisation of average profit

Capitalised value of average profit = average profit *100/normal rate of return

= 150000*100/20= 750000

Goodwill = capitalised value of average profit - actual capital employed

= 750000-500000= 250000

28.

______research is also called astheoritical research.AppliedBasicDescriptiveEmprical​

Answer»

ANSWER:

empirical

Explanation:

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29.

What will be the nominal rate per quarter if the interest rate is 0.28% per week?10%2%5.4%3.36%explain with steps plz​

Answer»

ANSWER:

the answer of this QUESTION is 2percent

30.

Is BBC a growing company? Which areas should be improved in the company for future growth?

Answer»

ANSWER:

thanxforfreepoints..

31.

BBC's Inventory turnover ratio (ITR) decreases from 2009-11. Calculate ITR and analyze the efficiency of the company's inventory management.

Answer»

ANSWER:

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32.

Histogram and historigram are untouchable​ or touchable?

Answer»

ANSWER:

HISTOGRAM and HISTORIGRAM are TOUCHABLE.

33.

Observe below imageand answer sales return purchase return return inward ?​

Answer»

ANSWER:

SALES return = when shopkeeper' s GOODS RETURNED after sales

purchase return = when we return the goods to Shop keeper after purchase

34.

The balancing figure of a trading account is usually______.​

Answer»

Answer:

The trading account is balanced after RECORDING the above items on the respective side of the trading account. The balancing figure MAY appear in the FORM of GROSS PROFIT or gross loss. If a debit side of a trading account is less than credit side, the difference represents to gross profit.

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35.

Answer this question (refer photo)

Answer»

Answer:

PLASTER of paris, quick-setting gypsum plaster consisting of a FINE white POWDER (calcium sulfate HEMIHYDRATE), which hardens when moistened and allowed to dry. Known since ANCIENT times, plaster of paris is so called because of its preparation from the abundant gypsum found near Paris.

36.

7. In a partnership fim, a partner withdrew ? 5000 per month on the first day of every month during theyear for personal expenses. It interest on drawings is charyd o Cp.a., the interest charged will be(a) ? 31690(b) ? 1,950(C) 1,800(d) 1,650​

Answer»

Explanation:

31690

Answer is this RIGHT

37.

1. Which of the following is a primary activity in the value chain?a. purchasingb. accountingc. post-sales serviced. human resource management​

Answer»

EXPLANATION:

I THINK purchasing may be the primary THING we do

38.

Q) Determine Operating ratio, if operating expenses is Rs 60,000, Sales is Rs 9,40,000, Sales Return is Rs 40,000 and Cost of net goods sold is Rs 6,60,000.​

Answer»

Answer:

OPERATING Ratio = 80%

Explanation:

Given :

• Operating Expenses = Rs 60,000

• Sales = Rs 9,40,000

• Sales RETURN = Rs 40,000

COST of net Goods SOLD = Rs 6,60,000

To find :

• Operating Ratio

Solution :

★ Formula :

Operating Ratio = Operating Cost/ Revenue from Operations (Net sales) x 100

Operating Ratio = Cost of Revenue from Operations + Operating Expenses/Revenue from Operations i.e. Net Sales x 100

Net Sales = Sales - Sales Return

\longrightarrow 9,40,000 - 40,000

\longrightarrow \: 9,00,000

Net Sales = Rs 9,00,000

Operating Ratio =

\tt{\dfrac{Cost\:of\:net\:goods\:sold \: + \: Operating \: Expenses}{Net\:Sales}\times 100}

\tt{\longrightarrow \: \dfrac{660000 \: + \: 60000}{900000} \times 100}

\tt{\longrightarrow \: \dfrac{720000}{90000} \times 100}

\tt{\longrightarrow \: 80\%}

Operating Ratio = 80%

∴ Operating Ratio = 80%

39.

Dividend for shareholders is anfor the company​

Answer»

ANSWER:

DIVIDEND refers to a reward, CASH or otherwise, that a company gives to its shareholders. Dividends can be issued in various forms, such as cash PAYMENT, stocks or any other form. A company's dividend is decided by its board of directors and it requires the shareholders' approval.

40.

प्रश्न 6. गैर-लाभकारी संगठन का क्या आशय है?कारी संगठन+नतादगा लिरिता29TAT​

Answer»

Answer:

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41.

In a partnership firm a partner withdrew 5000 per month on the first day of every month during the year of personal expenses if interest on drawing is charged for 6% per annum the interest charge will be​

Answer»

Explanation:

In a PARTNERSHIP FIRM, a partner withdrew Rs 5,000 per month on the first day of every month during the YEAR for PERSONAL USE. If interest on drawings. is charged 6% p.a. the interest charged will be: Rs 3,600.

42.

What is the psychology​

Answer»

the scientific STUDY of the HUMAN MIND and its functions, especially those AFFECTING behaviour in a given context.

43.

Ram has sold the goods of ₹43125 by taking 15% profit on cost. Calculate the price of it's ​

Answer»

ANSWER:

SORRY my BROTHER .

44.

Wages paid for the extension of building will be debited in which account​

Answer»

Answer:

5,000 was passed through the SALES BOOK. Step by step solution by experts to help you in doubt clearance & SCORING excellent marks in exams. NOTE: Wages paid for the construction of office should be DEBITED to Building Account because it is a capital expenditure.

45.

Calc16.[3in12. How will the following items be presented in the 'Income and Expenditure Account' of a club for the yearending 31st March, 2019 and the Balance Sheet as on that date?Particulars₹Tournament Fund on 1st April, 20183,00,00010% Tournament Fund Investments on 1st April, 20183,00,000Interest received on Tournament Fund Investments30,000Sale of Tournament Tickets75,000Tournament Prizes Awarded60,000(CBSE 2020[Ans.: Balance Sheet: Liabilities Side: Tournament Fund 3,00,000+ Interest onTournament Fund Investment* 30,000 + Sale of Tournament Tickets *75,000 - Tournament PrizesAwarded * 60,000=3,45,000; Assets Side: 10% Tournament Fund Investments 3,00,000.]17. Fraend315​

Answer»

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46.

साझेदारी ठहराव में परिवर्तन साझेदारी फर्म काकहलाता है।​

Answer»

Answer:

Reconstitution of PARTNERSHIP firm

Explanation:

sanjadari KA purnagathan

47.

Was BBC's working capital policy successful? why or why not?

Answer»

Answer:

No, BBC's WORKING Capital Policy was not SUCCESSFUL. ... BBC's assets were more than its LIABILITIES. These assets were MOSTLY in the form of inventories and receivables. However, Trade Credit of the firm had become a MAJOR liability.

48.

Sheela Surbhi and seema are the partners sharing profit-loss in the ratio of 5:7:9 manager Sanket is entitled to receive 10% commission from profit after deduction of his such commission. Surbhi recives share in profit ₹7000. determine the amount of Commission of Sanket. also determine amount of profit before the commission of manager​

Answer»

ANSWER:

ok

Explanation:

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49.

प्रश्न 2. रिक्त स्थानों की पूर्ति कीजिए--1. आय-व्यय खाते में केवल जायगीमदों का लेखा होता है।2 साझेदारी ठहराव में परिवर्तन साझेदारी फर्म का कहलाता है।3. वसूली खाता एक प्रकार का... खाता होता है।4. निजी कंपनी कोजारी नहीं करना पड़ता है।5. सम-विच्छेद बिंदु वह बिंदु होता है जहाँ कुल लागत तथा कुल विक्रयsoas seba00000000000000300000000senarsso0998e0aहो।Govases000​

Answer»

ANSWER:

ok

Explanation:

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50.

What is there in a single entry system?​

Answer»

Answer:

The single entry SYSTEM is CENTERED on the results of a business that are reported in the income statement. The core INFORMATION TRACKED in a single entry system is cash DISBURSEMENTS and cash receipts

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Explanation: