Data processing results into generation of-
A. Wisdom
B. Knowledge
C. Information
D. Intelligence
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The concept of separate entity is applicable to which of following types of businesses?
A. Sole proprietorship
B. Corporation
C. Partnership
D. All of them
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A contract which extends to a series of transactions is called as:
A. Agency with estoppels
B. Contract of indemnity
C. Continuing guarantee
D. Agency by implied agreement
E. Contract by implied agreement
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Find the odd one out with regard to Essentials of a Contract as prescribed by the Indian Contract Act, 1872.
A. Offer and Acceptance
B. Free Consent
C. Competent Parties
D. Objects is beyond lawful considerations
E. Certainty and possibility of performance
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An open office has the advantage of
A. privacy
B. economy
C. avoidance of noise
D. all the above
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Which one of the following is related to Capital budgeting?
A. Liquid Ratio
B. Net Present Value method
C. Break-even Point Analysis
D. None of these
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The main constituent of capital market is
A. Quick term money market
B. Stock market
C. Bill market
D. Bank credit market
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The pay-back period refers to:
A. The number of years a project takes to recover its investment (original) cost
B. The number of instalment to make payment
C. The time-lag between investment and commissioning of the project
D. The time required to attain break-even point
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Which of the following statements are false?
A. All liability is a debt for your business
B. Debtors are asset for business
C. The accounting equation shows how much of your assets belong to the owner, and how much belong to people outside business
D. None of the above
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The conflicts in project ranking in capital budgeting as per NPV and IRR may arise because of
A. Size disparity
B. Time disparity
C. Life disparity
D. All the above
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Which of the following are correctly matched
1. W.T.O. ⇔ 1995
2. G.A.T.T. ⇔ 1948
3. G.S.T. ⇔ 2017
4. S.E.B.I. ⇔ 2000
Select the correct answer using the option given below
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 3 and 4
D. 1, 2 and 4
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The use of management accounting is:
A. Compulsory
B. Optional
C. Obligation
D. Statutory requirement
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When two or more companies dissolves to form a new company, then it is called
A. Amalgamation
B. Merger
C. Reconstruction
D. None of the above
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Investment in Bonds should be disclosed on the balance sheet
A. On Liability side of balance sheet
B. On Assets side of balance sheet
C. On both side of balance sheet
D. None of these
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The objectives of financial management is/are
A. Profit Maximization
B. Wealth Maximization
C. Both Profit & Wealth Maximization
D. None of these
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According to schedule VI Companies Act which item is not shown on Asset side of Balance sheet:
A. Investment
B. Current Loan & Advances
C. Provision
D. Lease Holds
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Cartel is a business combination in the area of:
A. Production
B. Purchases
C. Sales
D. Any of the above
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A byte is composed of
A. words
B. sentences
C. characters
D. bits
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The concept of punched card was invented by
A. Babbage
B. Blaise Pascal
C. Hollerith
D. Howard Aiken
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The method of sending written message in shortest time at a distant place is
A. Telephone
B. Teleprinter
C. Electronic Mail (E-Mail)
D. Speed post
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