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Q1441

When there is change in the value of rupee, it is said to be change in

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Q1442

For purpose of redemption of preference share company can issue

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Q1443

The General Manager is entitled to a comission of 10% on net profit after charging the commission of Works Manager. The Works Manager is entitled to a commission of 5% on the net profits after charging the commission of General Manager. The profit before charging any commission is Rs. 7,500. The commission of the Works manager, to the nearest rupee, will be:

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Q1444

Which of the following is not capital reserve it:

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Q1445

A . . . . . . . . is used to reflect the changes in purchasing power of money or a whole.

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Q1446

Which one of the following error do not affect the agreement of trial balance?

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Q1447

. . . . . . . . is considered as the father of modern accounting system-

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Q1448

Which of the following are the benefits of responsibility accounting?
1. It facilitates the centralisation of decision taking.
2. It provides a system of closer control.
3. It measures the performance of individuals in an objective manner.
4. It develops a sense of cost consciousness among managers and their subordinates.

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Q1449

Opening stock Rs. 80,000, closing stock Rs. 1,00,000, cost of goods sold Rs. 3,60,000. Hence stock turnover is

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Q1450

A limited company follows the written down value method of depreciating machinery year after year due to

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Q1451

Given,

Current Assets	Rs. 4,00,000
Current Liabilities	Rs. 1,60,000
Reserves & Surplus	Rs. 1,60,000
Proprietary Ratio (Fixed Assets/Proprietary Funds)	0.75

Fixed Assets will be

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Q1452

Consider the following information:

Share capital	Rs. 2,00,000
Long term debts	Rs. 1,00,000
Current liabilites	Rs. 40,000
Fixed assets	Rs. 1,80,000
Current assets	Rs. 1,60,000

The Solvency ratio of the business is

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Q1453

While preparing accounting records 'Window Dressing' is prohibited due to:

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Q1454

Match the following:

List-I	List-II
a. . . . . . . . . is difference between old ratio and new ratio.	1. Dissolution
b. Dissolution of partnership all the partners of firm is called . . . . . . . . of firm	2. Admitted
c. A minor can be . . . . . . . . to the benefits.	3. Duties
d. Every partner is bound to attend diligently to his . . . . . . . .	4. Sacrificing ratio

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Q1455

Which of the following is not a current asset?

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Q1456

Capital Redemption Reserve Account is available for

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Q1457

Which one of the following statements about the admission of a new partner to a firm is true:

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Q1458

Amount set aside to meet losses due to bad debts is a

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Q1459

When fixed cost is Rs. 7,000, profit is Rs. 3,000 and sales is Rs. 50,000 the profit volume ratio will be

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Q1460

Ledger is a books of

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