The world's first electronic stock market is:
A. KOSPI
B. Nikkie
C. NASDAQ
D. Dow Jones
Select an option to see the answer and solution.
Which among the following is closely associated with intellectual property rights?
A. GATS
B. TRIMS
C. TRIPS
D. MFN
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Which items does not come under the balance sheet?
A. Sales
B. Share capital
C. Reserves and surplus
D. Unsecured loan
Select an option to see the answer and solution.
We do not consider for capital budgeting
A. Expenditure on long term assets by the new firm
B. Replacement of degraded property
C. Expenditure on inventory
D. None of the above
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Which of the following statements is correct?
A. The oldest stock exchange of India is OTCEI
B. Sensex is an index number of 30 shares
C. In book-building process, the price of the security is announced by the company
D. Futures and options in shares are traded at all stock exchange of India
Select an option to see the answer and solution.
Creating provision against fluctuation in the price of investment is application of accounting concept:
A. Convention of conservatism
B. Convention of full disclosure
C. Convention of consistency
D. None of these
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Which one of the following is related to operating budgets?
A. Sales Budget
B. Purchase Budget
C. Production Budget
D. All of the above
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The convention of conservatism when applied to the balance sheet result in:
A. Understand the asset
B. Understand the liabilities
C. Overstatement of capital
D. None of these
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Mimeography is a:
A. method of photocopying
B. method of stencil duplication
C. process of blue printing
D. process of electrical photography
Select an option to see the answer and solution.
Proposed dividends' is shown in the Balance Sheet of a company under the head:
A. Provisions
B. Reserves and Surplus
C. Current Liabilities
D. Other Liabilities
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A receipt issued by commanding officer of the ship when the cargo is loaded on the ship is known as
A. Shipping receipt
B. Cargo receipt
C. Mate receipt
D. Charter receipt
Select an option to see the answer and solution.
MIS is a technology
A. Control
B. Traditional accounting
C. Decision accounting
D. None of the above
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Which of the following statements is not true?
A. The percentage of oxygen in environment is 21
B. The most dominating cause of environmental pollution is use of chemicals in agriculture
C. The Environment Protection Act was passed in 1986
D. Green Fuel Scheme aims at reducing air pollution by lead-less-petrol
Select an option to see the answer and solution.
Identify the incorrect statement(s), regarding money market, among the following:
(i) The call money market deals in short term finance repayable on demand, with a maturity period varying from one day to 14 days.
(ii) Treasury bills are instruments of short-term borrowing by the Government of India, issued as promissory notes under discount.
(iii) A reduction in the repo rate helps banks to get money at a cheaper rate.
(iv) Money market mutual funds invest money in specifically, high-quality and very short maturity-based money market instruments.
A. (i) and (iii)
B. (ii)
C. (iv)
D. None of the above
Select an option to see the answer and solution.
Advantages of cost accounting accrue:
A. Only to workers
B. Only to government
C. Only to consumers
D. To management, workers, consumers and government
Select an option to see the answer and solution.
Which of the following is not a example of derivatives?
A. Options
B. Futures
C. Demat
D. Swaps
Select an option to see the answer and solution.
Which of the following is not an example of real a/c:
A. Machinery
B. Building
C. Cash
D. Creditor
Select an option to see the answer and solution.
The most important economic function of stock exchange is to:
A. safeguard the interest of investors
B. help in the capital formation in the country
C. provide facilities for speculation
D. provide a ready market for old securities
Select an option to see the answer and solution.
Financial account state the . . . . . . . . position of a concern.
A. Financial
B. Economic
C. Non-financial
D. None of these
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The rent paid to land lord to be credited to:
A. Land lord a/c
B. Rent a/c
C. Cash a/c
D. Tenant a/c
Select an option to see the answer and solution.