arforsa addaey7 COMMERCE frat sist & FIR GR sift yee aT confer FeeTTET & (a) ay (8) Wet (c) eh (0) sfryfe siftreq 2. StI fear fara ar wftorer fe aT (A) U8. Seq, Fee (8) S78 Rta 3 (C) wer aa (D) Aaa aa 3 3. seeus fhe sn deta ee? at Frenfea axa & 2 (A) Prism, ates, faam, freer (8) er, Rates, fee, fez (C) ae, Ree, fretsa, faa (0) Raise, ater, Ride, fea A adda2u7 Excess of face value over issue price a share is called A) Profit (8) Discount () Loss (0) Security premium Scalar chain principle had been given by (A) F. W. Taylor (8) Henry Fayol (C) Elton Mayo (0) Max Weber Inwhat order do managers perform the managerial functions ? (A) Planning, organising, controlling, directing (6) Organising, planning, directing, controlling (C) Otganising, directing, planning, controlling (0) Planning, organising, directing, controlling On dissolution of a firm, the assets of firm are transferred to realization account at their (A) Book value (B) Market value (C) Realizable value (0) Agreed value among partnersPresto 3 fang 3 Pra ary 9 a ®). keh il (8) apfnghy ox af ay (c) ah Ga te (0) pian & ory aig ‘Sra teil apr exon fare - amatcaas tr (A) sett & sift eq a (8) sixtieth ee (C) sat & wen yea a . (D) sat a sta era a read SaaeAT Perare & arg (A) Srreten steontitia eq a aah (B) Grea sere Safa eq aga e (C) sreen sada ena aac 2 (D) (A) % (B) a fraferfiaa qerrsii 8 aria wa afta amr eae A TTT AAT, a aK M :®. 3,200 areiter aafetan Far are Ni: & 8,000 ae 70% 741 ‘Yee, ncwded it of the following ne “ Which in Agricultural INco™e "owes (A) Income from growy andt # Agricultural Lal rk urchasing (B) Rent o' agriculture W' (C) Income from P' standing crop () Income from agit of cultural work When shares are forfeited, share capital account is debited by (A) Face value of shares (B) Called up amount of shares (C) Paid up value of shares (D) Unpaid amount of shares According to the Malthusian theory of population (A) Population increases arithmetically (8) Food production increases geomet rically (C) Population increases trically (A) and (B) a the help of following information calculate provisions for bad and doubtful debts Debtors M: Rs. 3. written off Debtors N: Rs. realise only 70% Debtors Q - > Rs, realise only 60% 6,000 expected to 200 Bad to be 8,000 expected to 4,000 finan ee ecovery is likey nm (A) Rs. 8.800 ly (©) Re.aaoq FE 12,000 (©) Rs. 4.000 PG-19/p a! Zeol —zy,_60°= . py. “oy gr ard 2019 a gaara, 25,000 @ gen ararea aUTe. 1,000 &, arate sarah oe eee AA 2% TT rT AEM fre wraura A a 5% BI a eae Tae aT af ert (A) ®. 456 (B) ®. 475 (C) ®. 480 (D) %. 500 10, @aart a Baer (A) Se] sega Hera (B) Ate] AIA aera e (C) are saa ag THTa et STeTAT (D) Mteamran sore 4 quan Fee 11. ered ar ae oreg fared ket wort at 10. oe 315! March 2019, total debtors © Rs. 25,000 and bad debts are S: 1,000, so if rate of discount on ebtors is 2% and rate of provision ‘or bad debts is 5% then the amount Of discount on debtors will be (A) Rs. 456 (B) R.s 475 (©) Rs. 480 (D) Rs. 500 Collection from debtors (A) Decreases current ratio (8) Increases current ratio (C) Has no effect on current ratio (D) Improves the solvency ratio The form of organisation in which expert assistance is available to line managers is called (A) Line Organisation (B) Committee Organisation (C) Functional Organisation (D)*tine and Staff organisation Inventory turnover ratio is (A) Activity Ratio (B) Profitability Ratio (C) Solvency Ratio (D) Liquidity Ratio Which among the following is not a technique of Business Forecasting ? (A) Time Series Analysis (B) variance Analysis C) Regression Analysis (0) Input-output Analysisa 14. aff sifrar 8 (A) Site mifta, (B) sireeTa mie (C) safterra orf (0) aq afira 15, wa fede fag en? (A) Sef Get ST Fa oma aera eine (8) Seige sr ge Bram sare ame (C) set ga IT Fa shea ae TA Sta e (0) 31 Fa APM Sa a Boer ame : x frafefad faci 4 ae aa or A rere are At ToT ifs fe ae aren Frareht@ | ¢ i. ara a wer. 1,000 ST fa eeive 44, Security premium isa (A) Capital receipt (B) Revenue receint (c) Personal receipt (D) Current liability Break-Even Point is (A) Where total revenue equals total costs (B) Where total revenue equals fixed cost (C) Where total revenue equals total variable cost (D) Where total revenue exceeds the e= } st 46.) From the following details calculate the le income of ‘A’ assuming that Not Ordinarily Resident’ I Rs. 1,000 in India, which accrued in England total b Rs. 6,000 was untaxed foreign income of some earlier years whion was brought to India during previous year ili. Rs. 2,000 earned i 2) ed in Indi received in England a roe eamed and received ica but brought to India (A) Rs. 19,000 (B) Rs. 12,000 (C) Rs. 9,000 (D) Rs. 3,0007. aati era eer har TE 1 at af aT TET (A) Sara aT (6) TAI ar (C) sears act (D) arara Fae rebar aim far’ ae ward ret fea eae af ea a ho BARE att, (A) aacara & (8) faa era (C) ran aid (D) era—era ara + 7 i “tue of increase in cost per unit Process costing is ) Abnormal wastage Normal wastage Abnormal gain ©) Normat gain Thetad debts that have been written ‘iHtecovered subsequently then "Y are credited to 'A) Debtors account (8) Sales account (©) Trading account (0) Profit and loss account wert the annual trend equation =80+3,6%" into monthly trend equior (yY¥=2540.3x (8) Y=25 + 0.025 x (0) Y=30 + 0.3K OD) Y=2.5 +3.6 x 20. The process of selecting a course of action out of alternative courses to solve a problem is known as (a) Pming —_(B) Decision Making (6) Directing (O) Controlling 1) if prime cost is Rs. 20,000; factory ( yetteeds are 25% of prime cost and overheads are 80% of factory then the office cost would be ps. 25,000 (B) Rs. 29,000 (A) 96,000 (D) Rs. 45,000 o) FS t #23. ufadasie area Aaa serernanit, deters ee (A) seaftt amcn Rear (8) seater gra Ram (C) seaft gfe fan (0) seafa sagt fra firs seria @ ath ar ae aaa 7 (A) saeechia cai stam dat Hdamtm@ere (8) Yarra cates a aors ea Sar AST a BSH Fe wars fore soeathh ade (C) sarercbra cata Sac afro: erat ar fare altars sear & (D) serechia cates ard aarea fais dia é 25, das dant al Agate ah 24. 22. 5 id 23. é@: of aye The measure based on each V4 series is (A) Range (B) Standard devia (C) Quartile deviation (D) Inter-Quartile Range jeviation oduction increases with the tal pr nea ctor, it is called increase in variable fa (A) Law of constant return (8) Law of diminishing return (C) Law of increasing return (D) Law of supply of production Which of the following statements is not correct ? (A) Managerial accounting and cost accounting both are complementary to each other in nature (B),Managetialaccountingis concerned with the accounting information ') that is useful to management (C) Managerial accounting includes aud ils of quantitative information only (D) Managerial accounting dey ©n cost accounting ee In case of three attri tributes thi number of classes will be a (A) 27 (B) (©) 12 ist : |. The basis of tax for Property’ is for ‘Income from house (A) Rent received (8) Annual vatue (C) Standard rent (0) Municipal vatue PG-1 soy ooh27. 28. fe saffaa sa &. 62,000; sffata TAR. 400; FTAA. 1,000 7a SAT WTA &. 2,000, at asta ara ett (A) %. 59,400 (B) %. 61,400 (C) ®. 58,600 (D) ®. 63,400 aaent & dgae sfaa ater oft gar ma sian at (A) Beaaa areal ot ard a ee fen arate (©) Fata eeat ds i aria shee ferar strat = area era Sefer sree ari-aift ara # Sie fen sar? 27. 28. “7 6 It Personal Income is Rs. 62-600; Undistributed profit is Rs. 400; Corporate Tax is Rs. 1,000 and Transfer payments is Rs. 2,000, then National Income will be (A) Rs, 59,400 (B) Rs.61,400 (C) Rs. 58,600 (0) Rs. 63,400 Premium paid on the Joint Life Policy of the partners is (A) Credited to the respective partner's capital account (B) Debited to the respective partner's capital account (C) Credited to profit and loss account (D) Debited to profit and loss account Flow Of information amongst people of different departments at different level is known as (A) Horizontal Communication (B) Upward Communication (C) Informal Communication (D) Diagonal Communication ‘As per SEBI guidelines, on issue of shares, the application money should not be less than (A) 10% of the nominal value of shares (B) 10% of the issue price of the shares (Cc) 25% of the nominal value of shares . (D) 25% of the issue price of the shares31. aap . FSP SH a ae 7 (A) sare, (8) wat (C) U5. sary, 2ee (D) re Sf we orgfa fram at aay afeactsongitat ttn ny aera reg eo bi (A) 5 (C) 10 32. 33, Uh mer RT A il ey SI Fea Tee (A) Sfaa art a (B) afaa ara a (C) aA ao wat ao a as (D) aae1 vat wt SST Foals a: hefenretia safe a1 a0 fara A reeset Pears aaa ase (A) ser area fife, (8) ae area afer (©) safe area aif (D) aaa Be a 34. safteray ore, Tea are (HIFO) BPH rina cet alt ech att 4 (a) ae aga ag It (8) ara ar aa ae ere 2 (©) wh yea ae aorta aca fear @ W 31. 32. 33. vz * e father of SO entific Who is known as th Management ? (a) Emerson (B) Mayo (©) F.W. Taylor (0) Keith Davis mean of a frequency Mf each frequency 6 16 arithmetic meal The arithmetic distribution is 5. multiplied by 5, th will be B) 25 (A) 5 ( (c) 10 (D) 50 ‘A company cannot redeem its debentures (A) Out of accumulated profits (8) Out of accumulated losses (C) By purchase of own debentures from market (8) By conversich of debentures into shares }. «Seculantrend cannot be measured by (A) Moving Average Method (B) Semi-Average Method (C) Weighted Average Method (0) Free Hand Curve Method Highest In First Out (HIFO) method of 'ssue of material is useful when the (A) Price of material is increasing (B) Price of material is decreasing (C) Price of material is fluctuat (0) iting Price of material is stable PG-19/D37. Me ba < prafefiaa Hate ot craenfie qatga Arum aartin Te? ? apes (@) rete Feat er sree (C) aime areata Frater (0) oH fats fread aaa ain fara A sot argent Ft area Tete ? (A) aeerfterat (8) saRCIT HGS (C) Sattae At gas FRR e (0) sa a ae . TGs sone A sree arti aan sara Sorat Fr oe At oT at & fea aaa Had ich, weer 2 sR Which of the following is not a technique Of Business Forecasting ? (A) Budgeting (8) Presentation of financial Statements (C) Determination of cost standards (0) Profit planning Which of the following is not the assumption of consumer's equilibrium in demand theory ? (A) Transitivity (B) Optimum satisfaction (C) Consumer's choices are consistant (D) None of these An accounting system that does not take into consideration outstanding expenses and accrued incomes for computation of profit is called (A) Double Entry system (B) Accrual Based system (C) Single Eniry system (D) Cash system ~ Which of the following is not an attribute under statistical analysis ? (A) Deafness (B) Beauty (C) Height (D) Blindness In the absence of an agreement retiring partners share in the firm will be purchased by the remaining partners in the (A) Capital ratio (B) Profit sharing ratio (C) Equal ratio (D) None of the above(D) Bre a are at wart & Pata a a 42. hors 3 fas %. 10,00 Telege,000: aa - 10,000 ; &4 fama =, , ayet staf ert 0,000 stare (A) 2478 (B) 3418 (C) ame (D) 5418 43. a ai % ae weary aM? 3 a fara (A) sym ar (B) sferara ar (C) art (D) sree asf & ar 44, ane A ror aT aI Te @ a 42. 43. ic or The concept Of economic OF is concemed with (A) Technique of W4 inventory (B) Technique o (C) Technique ofinve’ in production process (D) Technique of O of inventory 10; B/R Rs. 20,000; Debtors Rs. 40,001 return Credit sale Rs. 2,50,000; sales Rs. 10,000; B/P Rs. 10,000. The Average collection period will be ay ‘? (A) 2 months 0 (B) 3 months f (C) 4 months if jonths d (D) 5 months. & The relationship between two variables. cambe expressed in (A) Ratio (B) Percentage (C) Rate (D) All of the above The responsibil in India lies ae "© conduct census (A) Ministry of Home affairs, @) apemment of india ona of Finance, Gove , ™mMment (C) Ministry of Lat loyment bour a peu of india “9 inistry of Youth Affai Sports Government ofa la Pay 21D——— gin sivit ar Porters fore SH BAT e (A) FA yea (8) 7% (C) Fa ye sen Sifts oe (D) stiffer a 46. fra arate oat a ama a Prater wee e (A) 3a Td crea (B) aoa ad cai (C) theres cra sates (D) We ara cai 45. 47. According to Companies Act, 2013 Shares can be issued by a company at (A) Par (8) Discount (C) Par or Premium (0) Premium Determination of cost from actual ©xpenses incurred is termed as (A) Direct costing (B) Indirect costing (C) Historical costing (D) Standard costing The term previous year means (A) Financial year {B) Accounting year (C) Calender year (D)pFinancial year just before assessment year Which of the following statements is not true ? (A) The percentage of oxygen in environment is 21 (B) The most dominating cause of environmental polution is use of chemicals in agriculture (C) The Environment Protection Act was passed in 1986 (D) Green Fuel Scheme aims at reducing air polution by lead-less-petrola ® Securities premium can be used by a es 58 fra or aaa e company for (a) aa aera #1 led ae sist (A) Issuing fully paid bonus shares to Friftra ara & fea its members (8) vattenn sist & sites & fea (C) Sa eT TATA HA & fore, (8) Redemption of preference shares (C) Payment of dividend on shares (0) Sa 8 arg et (0) None of these 54. fetuasaesaaraarygamss | 54. Thecostaccounting method to compute ‘ Te ag Al aa Sais afer 2 basic cost of a product or service is (A) stares carta fatty (A) Process costing (8) dan area fate (8) Contract costing (C) eas errs fat (C) Uniform costing — (D) Se carr Fates (0) Unit costing qs. The main advantage of functional organisation is (A)y Specialisation (B) Co-ordination [C) Communication plification §6. The total value of goods and services produced within the country during a year is called (A) GDP (8) GNP (C) NNP (0) NDP si, The maximum number of members in a private limited company can be (A) 20 (B) 50 (C) 200 (D) Unlimited 16 ai63. 64. (A) %.7,50,0008 frafeftad areal #) er F cad EU wa ae eaaca A eaTAAT : a. sai Ga fered sAET yer aor sar ax PT aN, fad Wey A Sat aA’ | b, Se Wer sit afr Ba’ | (A) aH a (8) Saab (C) ast at (0) aWasitan Wh cafaa ERT 10% ar site 2a 2 eT seh ge or sift @ &. * Consider the following statements and identity the right ones : @. According to the theory of demographic transition in the first stage, birth rate is low but death rate is high. b. The difference between them is high. (A) aonly (B) b only (C) Both a and b (0) Neither a nor b 64. Surcharge of 10% is payable by an individual, where his/her total income exceeds to (A) Rs. 7,50,000 (8) Rs. 10,00,000 (C) Rs. 50,00,000 {D)=R¢, 4,00,00,000 65; Which of the following is not a "Characteristic of a company ? ll a Non corporate body (B) Artificial personality (C) Perpetual succession (D) Separate legal existence ¢6. The process of influencing the activitie of an organised group in efforts toward goal setting and goal achievement i called (A) Planning (B) Controllin, (C) Management (D) Leadershi The last function of management is (A) Directing (B) Controllin: (C) Organising (D) Planningae - a aame ‘ (A) Perio orem wea is ahr ah aare (8) Peter qos aeaace yore erat Wea eae (C) Sat arr ata & (D) ati sraraftre & . Sareebre ase wore & orcnta Pera wifes Us aerate aftr ain 8 (A) facta aftaedt ar (B) aitarers wfeaert 1 (C) feria afte ws afters ufiaed ahi an a 75. The ‘elationship between correlation cient and coefficient of determination CAN be expressed as follows (A) Coefficient of determination is the Square of correlation coefficient (8) Coetticient of determination is the square root of correlation Coefficient (C) Both are equal (0) Both are unrelated Under Management Reporting System Control Reports and Information Reports are integral part of (A) Financial Reports (B) Operating Reports (C) Both Financial Reports and operating reports (D) Reports to be given to shareholders A company incorporated by a special Act of Parliament or any State Legislature is called (A) Government company (8) Public company (C) Statutory company (D) Registered company A company buys 8000 units of an item for its annual requirement. Each unit Costs Rs. 10, the Ordering cost per order is Rs. 30 and the Carrying cost is 7.5% of the average inventory per year. The economic order quantity will be (A) 566 units (B) 800 units (C) 2530 units D). 900 units79. We are simn/srt 8 (A) wafe q (8) saa at ©) fen 80. az: BATT a1 shh ®. 3,00,000 7% Tak AM St =. 2,00,000 Ta wei afeae %. 1,00,000 ; 8% %. 4,00,000 ea aeafeat %. 10,00,000 ph cfaaer agar eh (A) 06:1 (B) 0.8:1 0.67:1 (D) 1:1 I meee Tonia: aA fee J 78. 81. of ing function lowing fn Which of te {ON Cemed WAN controling managemen 5? ns and en z = pirecting (a) Organising (C) Planning (8) (0) remains a ne with the volu™ of is called (A) Fixed-cost (8) Semi-variable cost (C) Variable cost (D) Absorption cost . After recession, comes (B) Depression (A) Pi rity Oe (D) Stagnation (C) Recovery ) Given Equity share capital Rs. 3,00,000 7% preference share capital Rs. 2,00,000 Reserve and surplus Rs. 1,00,000 8% debentures Rs. 4,00,000 — Total Assets Rs. 10,00,000 Capital Gearing Ratio will be (A) 06:4 (B) 0.8:4 (C) 067:1 (D) 124 The Karl Pearson's Coefficient of correlation can be computed (A) Two Variables F (B) Two Attributes (C) Two Numbers (D) Two Assumptionsree = ar um Herel e ? (a) Pen, SeaTer, Heras SH TRC SIR aH Ha ae (C) Fra % SqaR, WHOTIN aH Ua faye aie ren tae (D) San aH ar aaran frara sas wrdie & am a aaa 3 . aan & wae ye ae aaa ae ota ood @ FS aeafral ws arfareit & ger Stadt aden geass dl era feed erat A set at oat da aa (A) omar faReisa aren 82." With regard to business cycles which Of the following is not true ? ‘A) Expansion, recession, depression €nd recovery are the four phases Of business cycles (8) Business cycle is a part of the Capitalist system (C) According to Keynes, “The trade cycle is a purely monetary Phenomenon (0) The innovations theory of business cycle is associated with the name of Joseph Schumpeter 83. On the admission of a new partner if the partners decide to record changes Occurred in the value of assets and liabilities in books but not in accounts then the firm prepares (A). Profit and loss appropriation account (8) Profit and joss adjustment account (C) Revaluation account (D)sMemorandum revaluation account 84" The "depreciation on Fixed Assets is computed on their (A) Book value (B) Market value (C) Realizable value (D) Scrap value The term casual income does not include (A) Winning from Lottery (B) Winning from Gambling (C) Capital gain on sale of shares (D) Receipt of money lying on roadwe 86. Cat A sony 87. ort sit 3 (A) tes worst (8) =aIrTtes soreA (C) sitet some (0) Bert sore Be dais 3 : se fee 9 (A) chat war — > (8) tai sary _ 5 (C) tara way 6 (0) cara vary — 13 “ema A TET Ta a ate anh dh os fe reer = oa ga aearay ome (A) earfiar A ofenet Fm aan € 87. 88. ‘, is also Accrual system of accounting IS known as (A) Cash system (B) Mercantile system (C) Receipt system (D) Government system Which accounting standard is used for depreciation accounting ? (A) AS-2 (B) AS-5 (C) AS-6 (D) AS-13 The assumption that “Anticipate no Profit and provide for all losses” is based on (A) Convention of conservatism ‘(B)=Convention of consistency (C) Convention of materiality (D) Convention of full disclosure Fixed cost Rs. 12,00,000 (including depreciation Rs. 80,000); selling Price Per unit Rs. 1,200; variable cost Per unit Rs. 900; Loan Installment Rs. 2,00,000, Cash Break Even Point will be (A) 4367 units (B) 4400 units (C) 4000 units (D) 4933 units A) Ae90. fate & fare fear e 91. (A) aN aR (8) ore aa (0) Raa sg (0) aa saga Trin SogeK STATA aaa ame | 91. (A) 2a Sara seating (8) 3am aq san (C) attra svete ere fram (0) sRadaate agai an fan fates ttnstefagiavensé | 92, 93. 90. 94. Tender for construction is an (A) Estimation of profit (8) Estimation of cost (C) Estimation of selling price (D) Estimation of work According to Marshall the basis of consumer surplus is (A) Law of equi-marginal utility (B) Law of equal proportions {C) Law of diminishing marginal utility (D) Law of variable proportions Packing credit facility to exporters is provided by (A) Reserve Bank of India (B) GommercieéhBanks (C) Cooperative Banks m)} rt Credit and Guarantee I oration The basis of Income Measurement is (A) Matching concept (B) Accounting Period concept (C) Money Measurement concept (D) Cost concept Anenquiry regarding the value, ownership, title, existence and possession of an asset is called (A) Vouching (B) Valuation (C) Verification (D) Investigation97. 98. (A) area Fema 5 * 8) 5H Auf g (C) Fri S sifiteciag 3 (D) Beal a Rattray aR a 24 aT aT 2 Rear afr an (A) Ue. Seeq, Fete (8) fra Saar (C) we. we, Se arr (0) tex ganar “SAAT SA YMA Sra e, THAT TE Hater 8 ae wer any ae eter (A) gary ora argue #474 (©) Wears aguas aae7 (C) erat arn sagas we (D) feerers sega 3 He feet aren a Rt m2 RT arr eta @ (A) (8) ares (C) rrr — fe, 99. S 5 thos® snat@ are noiders (0) Issued to ct % ed The process of controlling IS concern with (A) Measurement of the a’ performance (@) Setting up of standards (C) Assigning the tasks (D) Determination of goals tual Z-theory of motivation was propounded by (A) F. W. Taylor (B) Keith Davis (C) L. F.Urwick (D) Peter Drucker her the ratio, the it is”, na % mol itis’. This statenenia favourable with respect to loes not apply (A) Stock Turnover Ratio (B) Net Profit Ratio (C) Gross Profit Ratio (D) Operating Ratio The sum of deviations tay, el arithmetic mean of a Setieg from re (A) Zero i. (B) Positive (©) Negative (0) Both (8) and (C) Pogaafaer ran ee Fg WC a og a ga reds farg oH Bi TT? (c) a free fig ag STAT a (co) Tas a aah Soca jor, Fe STR aA eh ata a red a 3 100. fea afd Sar aaa 2, secre S (A) 3574 (8) Résa (C) faa (D) afer 102. 14M 2018 wiey fa A ao A Se sr ak Raton foe ax Rate a a 101. 102. Are increase in sales price ‘A) Does not affect Break-Even Point (8) Lowers Break-Even Point (C) Raises Break-Even Point () Lowers net profit ‘The force that drives a person to take action is called (A) Management (C) Controlling (B) Directing (D) Motivation Income from business commenced on 15'March 2018 will be assessed in the assessment year (A) 2017-18 (B) 2018-19 (C)j2019-220-) (©) 2020-21 SA OT Hea & | “103. sThé.parinership may come to an end due to the (A) Death of a partner (B) Insolvency of a partner (C) Consent of all partners (D) All of the above While delegating authority a supervisor delegates (A) Only authority (B) Authority and responsibility (C) Authority, responsibility and accountabi (D) Responsibility and accountability =Be 105. Frafetar #3 ay fasten ae 8 27 (A) cetera ag aad Vem a “FR ae are (8) teem aa ay arate autre 78 fs ery (C) seer ag see gS wa (D) SCSTT A ST te a ae a fares fee waa seg Wid 41s eeaiaita err (A) cee are F (8) aaa ass (C) Sea ats ara a (D) oa ard F 105, @ § 108. i a Which among the following is not property of indifference curves ? (A) Indifference curves cannot intersect each other (B) Every point of an indifference curve shows equal satisfaction (C) Indifference curves are, always concave to the origin (D) Indifference curves do not touch the axis After sale of investment the balance of sinking fund investment account is transferred to (A) Profit and loss account (B) Capital reserve account (C) Sinking fund account (D) Debentures acount An arrangement of staff duties whereby [Peon 3 Person is allowed to record every Lek, a transaction is called (A) Internal Administration (B) Internal Check (C) Internal Audit (D) Internal Management An orderly arrangement of group efforts to provide unity of action in the pursuit of common goals is calleg (A) Direction (B) Co-ordination (C) Control (D) Decision makingRs 109, wee seer after Re rea fran nan md ef oe ange Pe arene (A) etre aa eu (B) Sra oa eR (©) FANG hers (aE 109. @ 111. en ae Hea rita expenditure on adverts? introduce a new procuctis cass? as (A) Capital expenditure : | (B) Revenue expenditure (C) Deemed fiability iture (D) Deferred revenue expendil 9 two A functional relationship betwee! variables is called (A) Correlation Analysis (B) Time series Analysis (C) Regression Analysis (D) Association Attributes The portion of uncalled capital that can }efealics ap riy_on winding up of the Companys known as el \orised capital I capital (C) Subscribed capital (D) Reserve capital The expenses which are incurred to increase the demand of the product are known as (A) Selling expenses (8) Distribution expenses th (A) and (B) et (A) nor (B)113. Seer ras mighteaitng Bet A) FR MRT ag Tt (8) Gricatsa era (C) aeafe ara i (0) Share > th aa 5 114, Bren aay a creel 3 113, 114. 116. On admission of a new partner increas® in the value of an asset is credited to (A) Old Partner's Capital Account (B) Revaluation Account (C) Assets Account (0) All Partner's Capital Account Margin of safety means (A) Defference between actual sales and total cost (B) Defference between actual sales and variable cost (C) Detference between actual sales and fixed cost (D) Defference between actual sales and Break-Even sales Gross Profit Ratio is calculated by ‘oss Profit 100 caios Sales * 10 Gross Profit B) a Net Sales 100 Net Profit ——— «100 Gross Sales (C) Gross Receipts , 499 ©) Net Sales Index numbers are expressed in (A) Ratio (8) Percentage (©) Square (2) Combination PG-19/D117. wrtardt 3% 7% AY reer ey 117. The written agreement between the fafad sya-4 eee a Partners to hom a partnership 'S (A) Bat ay TO called (8) we ater fay (A) Certificate of Incorporation (C) 43 Btn a wero, (8) Memorandum of Association ©) mtatice (C) Corticate of Formation of Firm ical (0) Partnership Deed 118, Freferfas 8-2 ata rams men segma | ie). which of he following is not a formula (PN Ratio) 1 qa vet 8 ? Of P/V Ratio ? (A) P/V Ratio = SY «100 (A) PIV Ratio = S~ «100 dunt Profit Profit pect 0 = 100 mos *'°° (8) PIV Ratio = og (C) PN Ratio = __Change in Profit 499 Change in Total Cost (D) PV Ratio = 100 iF , BEP(Rs.) hich theoretical distribution, 1@ quartile deviation is 2/3 of Standard Deviation ? (A) Binomial Distribution (B) Normal Distribution (C) Poisson Distribution (D) Random Distribution 120, In Taylors functional ‘gang boss’ (A) Inspects quality of work (B) Issues orders and instruct (C) Set up ae machines (D) Compiles data for N of cost of i Production "aunment # Organisation,Be 121, W-aAT aT ws (A) Seer aT (8) Seago at (C) Wea at (0) serRfe arégrem s, Tae APT Se (A) Sgt AE + BREET sgh (8) FREI AIT + wTERS sah (C) Sa TITS + STIG aay (D) Fe ars + WTAE saftey Tham 122. a i 123. 125. The Debt-Equity Ratio is a test of (A) Profitability (B) Solvency (C) Liquidity (D) Managerial efficiency Cost of production is (A) Prime cost + Factory overheads (B) Factory cost + Administrative overheads (C) Direct cost + Indirect expenses (D) Prime cost + Administrative overheads After redemption of debentures, the balance of Sinking Fund Account is transferred to (A) General Reserve Account (B) Capital Reserve Account (C) Profit and Loss Account (D) Debenture Account Under Income Tax Act, 1961 incidence of taxation depends on (A) Citizenship (B) Age (C) Residential status (D) Gender Under Time Series Analysis regular and periodic moment not exceeding one year is called (A) Trend (B) Circular Variation (C) Irregular Moment (D) Seasonal Variation PG49/D