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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. |
Information is said to be relevant if it isYour answer |
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| 2. |
29. Which of the following is the name given to a method of budgetingwhere the budgets are prepared centrally and then imposed on themanagers?O A. Zero based budgetingO B. Top down budgetingO C. Incremental budgetingO D. Bottom up budgeting |
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Answer» yuvguutgbn bjiydfhcufjc. hjf. nouygh. nkoythko. hjyghkoouyvb. vjkiugbbvhuggn jiugbb. jjugg |
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| 3. |
28. Calculate the FC for 500 units if, the TC is $3250 and VC per unit is$1.5.O A. $4,000O B. $2,750O C. $3,750O D. $2,500 |
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Answer» ndjddkkdoldle jkkkkk |
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1 point5. A,B and C are partners sharing profits in the ratio of 4:3:2. B retires,selling his share of profit to A and C for Rs. 7200 ( Rs. 4,000 paid by A andRs. 3,200 paid by C) The new profit sharing ratio of A and C would be: *O a(a) 17:10(b) 15:12O (c) 19:8O (d) 8:19 |
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11. Extract of Balance Sheet :ACELiabilities:Equity Share Capital (10)2,400 Securities Premium 350General Reserve930Profit & Loss Account*340Buy-back price 15 per share. Buy-back claim isa) 900b) 3600c). *4,750 |
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17. A machine was purchased from abroad for Rs. 10,000. Import duty, shipping and other forwarding charges were Rs. 9,000 and the installation expenses were Rs 1,000 Calculate depreciation for two years @ 10% per annum on diminishing balance method Prepare machinery account for two years. |
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Answer» Answer: I don't know Explanation: PLEASE mark as BRAINLIEST answer I will FOLLOW you I need only 1 brainliest answer to BECOME expert please |
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70. J. K and L were equal partners in a firm. The firm has taken individual life policy of Rs. 50,000 for eachpartner. J died on 5th March 2011. The surrender value was Rs. 2,000 for each policy on the date of death ofJ. The amount payable J in respective policies would -(a) Rs. 17,000(6) Rs. 18,000(c) Rs. 50,000(d) Rs. 54,000 |
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Answer» Answer: 42 Explanation: |
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| 9. |
Max. scoreA milk can contains milk and water in the ratio of 7:2. When 3 liters of the mixture is drawn off and the can isfilled with water, the ratio becomes 7:5.What was the initial amount of milk that was present in the container? |
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Answer» sweet dreams take CARE |
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10. Management accounting isO A. SubjectiveO B. ObjectiveO C. RepetitiveO D. Narrative |
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Answer» Answer: Management accounting is the process of preparing reports about business operations that help managers make short-term and long-term DECISIONS. It helps a business pursue its GOALS by identifying, MEASURING, analyzing, interpreting and communicating information to managers. |
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| 11. |
विद्रोह के स्पोर्ट्स न्यूज़ |
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Answer» I CANT UNDERSTAND the QUOTION |
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| 12. |
Cost of Research and Equipments is a part of |
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Answer» Cost of RESEARCH and Equipments is part of india Explanation: Cost of Research and Equipments is located in the WORLD = world == indian = |
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023 VoKB/SLTE00:59:03Multiple Choice ( Select 1 out of 4 options, for the question below.)Which of the following will not apper in acash budgetOptionsDepreciation of machinery |
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Answer» QUESTION is INCOMPLETE,... |
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| 14. |
Explain residuary head of income in income tax |
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Answer» Answer: Any INCOME which is not chargeable to tax under any other heads of income and which is not to be excluded from the total income SHALL be chargeable to tax as residuary income under the head “Income from Other SOURCES |
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| 15. |
Constructa A POR with base=15cmmol-as' and the median from to Gisu 9:49 |
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Answer» Subscription received during the year ended 31ST March 2017 are : RS. TOTAL RS. For the year ended 31st March, 2016 4,000 For the year ended 31st March 2017 2,11,000 For the year ended 31st March 2018 8,000 2,23,000 There are 450 members, each paying an annual subscription of RS. 500. RS. 4,500 were in ARREARS for the year ended 31st March 2016 in the beginning of the year ended 31st March 2017. Calculate subscription to be shown in Income and expenditure account for the year ended 31st March, 2017 and also show treatment of subscription in the Income and expenditure account and Balance sheet. |
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| 16. |
Allotment of whole item of cost to acost centre or cost unit is known as:* |
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Answer» Answer: Cost allocation Explanation: The ALLOTMENT of whole item of cost to cost centre or cost units is called cost allocation. The TERM allocation means the allotment of the whole item WITHOUT DIVISION to a particular department or cost centre. |
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| 17. |
1 point38. Which feature helps you tocreate special text effects?O Word artO Clip artO Text box |
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Answer» Answer word art feature HELPS you to |
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| 18. |
9. Which of the following are tools ofmanagement accounting?A. Human Resources AccountingO OB. Decision accounting, Standard costing,Budgetary controlO C. Department accountingO D. Consolidation accounting |
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Answer» a ) is CORRECT answer.. |
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| 19. |
Why gaining ratio calculated |
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Answer» Answer: GAINING RATIO is calculated at the time of retirement or death of a partner. It is the ratio in which the remaining partners ACQUIRE the outgoing partner's share of PROFIT. When the partner retires, the profit sharing ratio of the continuing partners gets changed. Explanation: |
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| 20. |
7. Corporate level of planning is also calledO A. Tactical planningB. Strategic planningO C. Day to Day planningO D. Operational planning |
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| 21. |
4. The decision taken to hire a new waiter in arestaurant is an example ofO A. Tactical planningO B. Strategic planningO C. Corporate planningO D. Operational planning |
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Answer» a is CORRECT answer |
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| 22. |
The Balance Sheet of Alka and Salma who share profits and losses in proportion to their capitals as at 31st March, 2018 was as follows:Balance Sheet(3)38,00025,00012,000AssetsLand and BuildingPlant and MachineryFurnitureVehiclesStockDebtorsCash in handLiabilitiesCreditorsBills PayableReserve FundCurrent A/cs:AlkaSalmaCapital A/cs:AlkaSalma(?)40,00027,0003,5002,70028,20081,1205.0809.0003.60060,00040.00012,6001,87,600Terms of Mala's admission were as follows:Mala will bring in 27,200 for her share of capital and goodwill.() Goodwill of the firm has been valued at 3 years' purchase of the average super profits of last four years. Average profits of the last four years are 22,000 which the normal returnthat can be earned with the capital employed are 10,000. (iii) The amount of goodwill was to be withdrawn by the old partners.(iv) Value of stock is reduced to 26,790.(u) Land and Building are to be valued at 44,800; Plant and Machinery at 23,600; Furniture at 3,080 and Vehicles at 1,600.(11) New profit-sharing ratio of partners will be 5:3:2. Pass Journal entries and prepare necessary accounts and new Balance Sheet. Also calculatesacrificing ratio. |
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Answer» Answer: TU hi ☺️ FU good morning ☺️☺️ have a great day bhi send me the imposter LAST TIME I will send you the other hand the wildcats their the class is talking about each other and then we have to send |
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| 23. |
Credit PERCASHSE ₹ 10000 not recorded in the book |
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Answer» So what can I do youhahahhahah |
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| 24. |
3. The use of management accounting isA. CompulsoryO B. OptionalO C. Legally obligatoryD. Compulsory to some and optional toothers |
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Answer» D Explanation: |
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| 25. |
4.deals with the projection of data for future.O A. Management accountingO B. Behavioural accountingO C. Financial AccountingO D. Cost accounting |
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| 26. |
Enter the following transaction in two columns cash and balance2017January 1 started business with cash |
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Answer» The QUESTION is INCOMPLETE |
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| 27. |
Prepare Cash Flow Statement (as per AS-3 (Revised)) for the year ended 31st March 2020, from the following Balance Sheet as at 31st March 2020;Moolchand Ltd.Balance Sheet as at 31st March 2020ParticularsNote No.31st March 2020 (Rs.)31st March 2019 (Rs.)I. EQUITY AND LIABILITIES 1. Shareholders’ Funds (a) Share Capital (b) Reserves and Surplus (Statement of P & L) 2. Non-Current Liabilities 9% Long Term Borrowings 3. Current Liabilities (a) Short-term Borrowings (Bank Loan) (b) Trade PayablesII. ASSETSNon-Current AssetsFixed Assets:Tangible (Building)Intangible (Goodwill)Non-current InvestmentsCurrent AssetsInventoriesTrade ReceivablesCash and Cash Equivalents 12,00,0002,00,0002,50,00035,0001,15,00018,00,00012,00,0001,30,0001,70,00085,00080,0001,35,00018,00,0008,00,00080,0004,20,00060,00040,00014,00,00012,00,00075,00025,00030,00020,00050,00014,00,000Additional Information:Building was purchased for Rs.1,70,000.An old building, the book value of which was Rs.75,000, was sold at a loss of Rs.12,000.Interim dividend paid Rs.30,000.6 |
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Answer» Answer: ch in ch of ch its db police station is the only thing is I have a lot of the 2 and 3 notebooks and I have been deleted it will be a tree to send you a call from a political science work for you and your family are on the clinic and then we have already sent you a call ☺️ I have a great DAY very much for your number ❤️ chunk of time to send you the other hand ☺️ love to see you soon ko HI dobara join the GROUP pe add a COMMENT to congratulate him |
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1.uses bothquantitative and qualitative data fordecision making.O A. Financial AccountingO B. Cost accountingO C. Management accountingO D. Behavioural accounting |
Answer» Please FRIEND Plz Plz Plz FOLLOW me and make me brilliant Please.....I will follow you back........... |
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| 29. |
25.Make out a Trial Balance from the following balances as on 31st March, 2017:Repair 5,000Closing Stock 9,00,000Debtors 60,000 Sales 2,50,000Trade Expenses 12,000 Creditors 10,000Rent 2,500 Interest Received 1,200Wages 32,000 Purchases Return 2,000Purchases 2,00,000 Discount Received 1,800Furniture 25,000 Provision for Doubtful Debts 2,000Carriage and Freight 5,000 Capital 3,00,000Sales Return 3,000 Plant and Machinery 90,000Loans and Advances 20,000 Cash in Hand 3,000Travelling Expenses 6,000 Bank 20,000Drawings 25,000 Stock (1st April, 2016) 50,000Insurance 6,300 Discount Allowed 2,200 |
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Answer» hiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii IIIIIIII iiiiiiii iiiiiiiii |
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| 30. |
2. State whether thefollowing are CapitalExpenditure or RevenueExpenditure: (a) Rs50000 spent towardsaddition to the plant. (b)Second hand motor carpurchased for Rs200000 and spent Rs20000 for repairsimmediately. (c) Rs10000 spent forwhitewashing thefactory building. (d)Carriage of Rs 15000spent on machinepurchase.* |
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Answer» a) CAPITAL EXPENDITURE. b) capital expenditure 220000 c) REVENUE expenditure d) capital expenditure Explanation: pls mark this answer as BRAINLIST |
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| 31. |
While preparing statement of excess capital for find out the unit value capital is divided into ratio |
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Answer» going |
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| 32. |
Statement shTest Your Understanding - IIState the title of the accounts affected, type of account and the account to be debtand account to be credited :Rs1. Bhanu commenced business with cash1.00.0002. Purchased goods on credit from Ramesh40.0003. Sold goods for cash30,0004. Paid salaries3,0005. Furniture purchased for cash10,000 |
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Answer» Answer: app team of em on web is fee full fee Revlon Explanation: |
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| 33. |
Rani and Shyam is partner in a firm. They are entitled to interest on their capital but the net profit was not sufficient for paying his interest, then the net profit will be distribute among partner in |
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Answer» Answer: Capital RATIO |
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| 34. |
Balance of cash rupees 10000 |
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Answer» Explanation: |
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| 35. |
Is it right to say that 'Walt Disney' is a Great Entrepreneur? |
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Answer» Explanation: Walt Disney is famous for creating one of the most recognized brands in the world, Disney, but few know as much about the man behind the Magic Kingdom, not to mention the hundreds of ANIMATED cartoons, countless feature FILMS and endless TOYS that bear his name. . Leadership is inspiration, innovation and FOCUS,. Always be constantly improving. Develop a high TOLERANCE for risk. |
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| 36. |
M,N and R partners in a firm sharing profits and losses in 3:2:1 . On 31st March,2019, their Balance Sheet was asunder :Liabilities Amount(Rs.) Amount(Rs.) Assets Amount(Rs.) Amount(Rs.)Capital A/c:MNRReserveCreditors8000050000450001750003000025000BuildingMachineryFurnitureStockDebtorsCash900004000020000300004000010000230000 230000R died on 31st March,2019. Under the terms of partnership deed R is entitled to:i. Capital including interest on capital @10% p.a.ii. Salary p.m. Rs.1000.iii. Share of profit on the basis of profit of last year. Profit of the last year was Rs.90000.Show R’s Capital A/c by showing working notes clearly. |
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Answer» hi h bass mere pass NAYE saal ki ladki ko hi dobara join date 20TH December the class is talking about each other. you TELL us what you think . ye kavita in electrical fixing wires are not filtered into your ACCOUNT w Mumbai |
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| 37. |
HectorInc.,whichproducesasingleproduct,haspreparedthefollowing standard cost sheet for one unit of the product.Direct materials (6 pounds at $2.50 per pound) $15.00 Direct labor (3.1 hours at $12.00 per hour) $37.20During the month of April, the company manufactures 250 units and incurs the following actual costs.Direct materials purchased and used (1,600 pounds) $4,192Direct labor (760 hours) $8,740InstructionsCompute the total, price, and quantity variances for materials and labor. |
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Answer» Explanation: year is yours 4th FFS up so is tea pot and pan with foil pans of nature to the discovery CHANNEL is the answer is TOW TRUCK is it that way you COULD have been in a bit and then he will have to go back to sleep in the diagram for the day before Thanksgiving dinner with me for more be happy with you 3sir well2ySherry |
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| 38. |
The White Division of Mesin Company reported the following data for the current year.Sales $3,000,000Variable costs 2,400,000 Controllable fi xed costs 400,000 Average operating assets 5,000,000Top management is unhappy with the investment center’s return on investment (ROI). It asks the manager of the White Division to submit plans to improve ROI in the next year. The manager believes it is feasible to consider the following independent courses of action.1. Increase sales by $300,000 with no change in the contribution margin percentage.2. Reduce variable costs by $100,000.3. Reduce average operating assets by 4%.Instructions(a) Compute the return on investment (ROI) for the current year.(b) Using the ROI formula, compute the ROI under each of the proposed courses of action. (Round to one decimal. |
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Answer» A) 4% Explanation: Robi = sales -vc-fc/ operating ASSETS = 200000/5000000= 4% |
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| 39. |
Jake Company expects to have a cash balance of $45,000 on January 1, 2017. Relevant monthly budget data for the fi rst 2 months of 2017 are as follows.Collections from customers: January $100,000. February $160,000. Payments for direct materials: January $60,000, February $80,000.Direct labor: January $30,000, February $45,000. Wages are paid in the month they are incurred.Manufacturing overhead: January $26,000, February $31,000. These costs include depreciation of $1,000 per month. All other overhead costs are paid as incurred. Selling and administrative expenses: January $15,000. February $20,000. These costs are exclusive of depreciation. They are paid as incurred. Sales of marketable securities in January are expected to realize $10,000 in cash. Jake Company has a line of credit at a local bank that enables it to borrow up to $25,000. The company wants to maintain a minimum monthly cash balance of $25,000.InstructionsPrepare a cash budget for January and February. |
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Answer» JANUARY $ 27000 February $ 29000 Explanation: MARK me as the brainliest and follow me for FULL explaination see my profile and follow me |
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| 40. |
The rapid grochy2. what factor have driggeredof consumer finanic inindia, |
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Answer» Answer: you will get it on GOOGLE or NCERT Solutions ⬅️ Explanation: |
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| 41. |
Which liability arises when claim against company is not accepted? |
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| 42. |
Bharat Industries bought a machinery on 1st April, 2014 for 80,000. On 1st2015 it bought another machine for 30,000.On 31st March, 2016, it sold the machine bought in 2014 for * 51,000 andArdi 1.000 as commission to broker who materialised the deal. It bought a newmachine on the same date for * 27,000. It was decided to provide depreciationmachinery @ 20% p.a. on straight line method. Accounts are closed on 31stDaember each year.Show Machinery A/c for 3 years. |
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Answer» Answer: the INDUSTRY BODE matching to FARMERS April for 2014 80000 on |
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| 43. |
23, ईशा, ईश और ईला 2:1:2 के अनुपात में लाभ-हानि बांटनेवाले साझेदार है। उन्होंने लाभ हानि वितरण का अनुपातबदलकर 4:5:1 निश्चित कीया है। इस जानकारी पर से त्याग की गणना कीजिए।24, सुधा और शीतल 233 के अनुपात में लाभ-हानि बोटनेवाले साझेदार है। ता, 31-3-19 के दिन लाभ-हानि वितरणका अनुपात बदलकर 7:3 किया है। साझेदारी पेढ़ी की वही में एकत्रित हुए लाभ या हानि का वितरण दर्शाती प्रविष्टियाँलाभ-हानि खाता (उधार बाकी) ₹16,000; कारीगर लाभांश फंड ₹25,0001अथवा24, त्याग के अनुपात और लाभ के अनुपात के बीच का अंतर बताइए।25. निम्नलिखित व्यवहारों की विसर्जन के संजोगों में होनेवाली प्रविष्टि लिखो।(1) पेढ़ी के विसर्जन के समय ख्याति की बड़ी कीमत ₹56,000 है। उसकी कोई कम नहीं मिलती है।(2) बही में ख्याति दर्शायी नहीं है, फिर भी विसर्जन के समय उसकी विक्री के ₹50000 मिले।(3) एक साझेदार अपनी श्रीमतीजी की पेढ़ी को दी लोन ₹40,000 चुकाने का स्वीकार करता है।3. निम्नलिखित विधान सही है या गलत यह बताइए। गलत हो तो सुधार के सही विधान लिखिए।(1) साझेदारी पेढ़ी के विसर्जन में अदालत हस्तक्षेप कर सकती है।(2) विसर्जन के समय डूबताण वापसी का लेखा करने की कोई आवश्यकता नहीं है।(3) साझेदारों को उनके लाभ-हानि के प्रमाण में कर्मचारी लाभांश फंड बाँट दिया जाता है।अथवाटिपणी लिखिए : माल सम्पत्ति निकाल खाता |
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Answer» Answer: HYY dear ❤️ Explanation: question |
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| 44. |
You design a special chess piece called sample that can move in the following manner:It can move one square to the right, or one square downward, or one square diagonally upward to the left. Youare required to design a special chessboard of n'n such that sample can visit all the squares exactly once on thesame tour. Which of the following is a valid statement in this scenarlo? |
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| 45. |
What is the treatment of depreciation in balance sheet |
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Answer» Answer: FIXED assets are recorded as a debit on the balance sheet while ACCUMULATED depreciation is recorded as a CREDIT–offsetting the ASSET. Since accumulated depreciation is a credit, the balance sheet can show the original cost of the asset and the accumulated depreciation so far. |
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| 46. |
Kold Medicine in Cash for Rs. 7660.50 CessTerade Discount of 3% |
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Answer» I am not UNDERSTAND this QUESTION CLASS 9 |
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| 47. |
Classify and rectify the following errors1). A pays 5000 to B for the purchase of goods. Theentry in the Cashbook is correct but posting in theledger is only with 500.2). Credit purchases 10000 not recorded in thepurchases book3).Cash book is overcast by 1000 and 4).PurchasesBook is undercast by 1000.5)The purchase of machinery 50000 recorded in thePurchases Book.6).Sales Book is undercast by 2507). The purchase of furniture 20000 is not posted inthe furniture account8). An income of 20000 is also not posted, |
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Answer» your answer is RIGHT |
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| 48. |
Which of the item is not deal through profit &loss appropriation a/c.a.interest on partners loanb.partner salary c. partner commission d.interest on partners capital |
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Answer» ANSWER A Profit and loss APPROPRIATION account is an account which is PREPARED after profit and loss account and is USUALLY prepared by partnership firms for distribution/allocation of profit EARNED by the firm to partners. Salary/commission to manager is an item of Profit and loss account. Only items relating to partners will be entered in Profit and loss Appropriation like interest on capital, profit, interest on drawings, salary/commission to partners. mark me as brilliant ✌️✌️ |
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| 49. |
From second five year plan onwards_______ industries were given more priority |
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Answer» The second five year plan accords high PRIORITY to industrialisation, and especially to the development of basic and heavy industries. A LARGE expansion of public enterprise in-the sphere of INDUSTRIAL and mineral development is envisaged. hope it HELPS |
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| 50. |
Sold medicine in cash for 7660.50 less trade discount 3% |
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