Alok Jayant asked • 2 minutes ago

Given below are the data on prices of some consumer goods and the weights attached to the various items Compute price index number for the year 1985 (Base 1984 = 100)

Then weighted average of price Relative Index is:

Then weighted average of price Relative Index is:

- a)125.43
- b)123.3
- c)124.53
- d)124.52

Correct answer is option 'B'. Can you explain this answer?

Sonal Maheshwari asked • 16 minutes ago

Study the following information carefully to answer the given questions. Eight person’s P to W are sitting in front of one another in two rows. Each row has four persons. P is between U and V and facing North. Q, who is to the immediate left of M is facing W. R is between T and M and W is to the immediate right of V.

Q. Who is to the immediate right of R?

Q. Who is to the immediate right of R?

- a)M
- b)U
- c)M or T
- d)None of these

Correct answer is option 'D'. Can you explain this answer?

Rishi Katiyar asked • 2 hours ago

Taha Merchant asked • 3 hours ago

X who was closing his books on 31.03.2006 failed to take the actual stock which he did on 9th April, when it was ascertained by him to be worth Rs 25,000.

It was found that sales are entered in the Sales Day Book on the same day of despatch and the returns inward in the returns book as and when the goods are received back. Purchases are entered in the Purchase Day Book once the invoices are received. Observations -

i. Sales between 31st March and 9th April as per Sales Book are Rs 1,720. Rate of gross profit is 33 1/3 % on cost.

ii. Purchases during the same period as per Purchases Book are Rs 120.

iii. Out of above purchases, goods amounting to Rs 50 were not received until after the stock was taken.

iv. Goods invoiced during the month of March, but goods received only on 4th April, amounted to Rs 100.

You want to find the value of physical stock on 31st March. You start with the value of stock on 9th April.

Yashraj Bhatt asked • 4 hours ago

Balances of A, B and C sharing profits and losses in proportionate to their capitals, stood as follows: Capital Accounts: A Rs. 2,00,000; B Rs. 3,00,000 and C Rs. 2,00,000. JLP Reserve and JLP at Rs. 80,000. A desired to retire form the firm, B and C share the future profits equally. Joint life policy of the partners surrendered and cash obtained Rs. 80,000. Goodwill of the entire firm be valued at Rs. 1,40,000 and no Goodwill account being raised.

Revaluation Loss was Rs. 10,000. Amount due to A is to be settled on the following basis: 50% on retirement and the balance 50% within one year. The total capital of the firm is to be the same as before retirement. Individual capitals in their Profit sharing ratio. Find the balances of Partner’s Capital Account

Revaluation Loss was Rs. 10,000. Amount due to A is to be settled on the following basis: 50% on retirement and the balance 50% within one year. The total capital of the firm is to be the same as before retirement. Individual capitals in their Profit sharing ratio. Find the balances of Partner’s Capital Account

Ujjwal Bisht asked • 6 hours ago

________ is the study of how to create an organizational structure that leads to high efficiency and effectiveness.

- a)Scientific management
- b)Job specialization
- c)Administrative management
- d)Allocation management

Correct answer is option 'D'. Can you explain this answer?

Rajesh Pratihast asked • 6 hours ago

B Ltd. invited applications for 5,000 shares of Rs.10 each at a premium of Rs.2 per share payable as follows:

Allotment was made on pro rata basis to the applicants of 6,000 shares. Mr. C to whom 60 shares were allotted, failed to pay allotment money and call money. Mr. D the holder of 100 shares, failed to pay call money. All these shares were forfeited after proper notice.

- a)Rs.300
- b)Rs.880
- c)Rs.320
- d)Rs.940.

Correct answer is option 'B'. Can you explain this answer?

Vedavyas Sai asked • 7 hours ago

Let R be a non-empty relation on a collection of sets defined by ARB if and only if A ∩ B = Ø Then (pick the TRUE statement)

- a)R is relexive and transitive
- b)R is an equivalence relation
- c)R is symmetric and not transitive
- d)R is not relexive and not symmetric

Correct answer is option 'C'. Can you explain this answer?

Rupesh Choudhary asked • 7 hours ago

If the weekly of 5000 workers in a factory follows normal distribution with mean and SD as Rs.700 and Rs.50 respectively, what is the expected number of workers with wages between Rs.660 and Rs.720?

- a)2,050
- b)2,200
- c)2,218
- d)2,300

Correct answer is option 'C'. Can you explain this answer?

Sahad Ps Pss asked • 8 hours ago

Interpreting Financial Statements means:

- a)Methodical classification of the data given in the financial statements.
- b)Preparation and presentation of the classified data in a manner useful to the users of financial statements.
- c)Systematic analysis of the recorded data so as to put information in usable from.
- d)Explaining the meaning and significance of the relationship of analysis of accounting data.

Correct answer is 'D'. Can you explain this answer?

Praveen Mishra asked • 8 hours ago

The mean and SD for a group of 100 observations are 65 and 7.03 respectively. If 60 of these observations have mean and SD as 70 and 3 respectively, what is the SD for the group comprising 40 observations?

- a)16
- b)25
- c)4
- d)2

Correct answer is option 'C'. Can you explain this answer?

Sonal Maheshwari asked • 8 hours ago

In 1996 the average price of a commodity was 20% more than in 1995 but 20% less than in 1994; and more over it was 50% more than in 1997 to price relatives using 1995 as base (1995 price relative 100) Reduce the data is :

- a)150, 100, 120, 80 for (1994–97)
- b)135, 100, 125, 87 for (1994–97)
- c)140, 100, 120, 80 for (1994–97)
- d)None of these.

Correct answer is option 'A'. Can you explain this answer?

Sakshi Saraogi asked • 8 hours ago

Given below are the date on prices of some consumer goods and the weights attached to the various items Compute price index number for the year 1985 (Base 1984 = 100)

- a)125.43
- b)123.3
- c)124.53
- d)124.52

Correct answer is option 'B'. Can you explain this answer?

Suresh Avinash asked • 9 hours ago

The dealer of construction materials due to unknown reason took physical stock of inventories on 11th April. The cost of stock was Rs.4,20,000 (including goods returned on consignment basis). The dealer received goods cost Rs.1,00,000 in March 2011 for sale on consignment basis. 20% goods have been sold in March, 60% of stock in between 1st – 10th April. Find cost of stock on 31-3-11.

- a)3,20,000
- b)4,00,000
- c)3,40,000
- d)3,60,000

Correct answer is option 'B'. Can you explain this answer?

Manvi asked • 9 hours ago

P Ltd. issued 5,000, 12% debentures of Rs. 100 each at a premium of 10%, which are redeemable after 10 years at a premium of 20%. The amount of loss on redemption of debentures to be written off every year =?

- a)Rs. 80,000
- b)Rs. 40,000
- c)Rs. 10,000
- d)Rs. 8,000

Correct answer is option 'C'. Can you explain this answer?

Anupam Suri asked • 9 hours ago

The value index is equal to :The value index is equal to :

- a)The total sum of the values of a given year multiplied by the sum of the values of the base year.
- b)The total sum of the values of a given year Divided by the sum of the values of the base year.
- c)The total sum of the values of a given year pulse by the sum of the values of the base year.
- d)None of these.

Correct answer is option 'B'. Can you explain this answer?

Sathakshi Sivam asked • 10 hours ago

Jan plans to invest an equal amount of $2,000 in an equity fund every year-end beginning this year. The expected annual return on the fund is 15 percent. She plans to invest for 20 years. How much could she expect to have at the end of 20 years?

- a)$237,620
- b)$176,424
- c)$204,887
- d)$178,424

Correct answer is option 'C'. Can you explain this answer?

Keerthi N N asked • 10 hours ago

When shares are forfeited, the share capital account is debited with______ and the share forfeiture account is credited with_________

- a)Paid-up capital of shares forfeited; Called up capital of shares forfeited
- b)Called up capital of shares forfeited; Calls in arrear of shares forfeited
- c)Called up capital of shares forfeited; Amount received on shares forfeited
- d)Calls in arrears of shares forfeited; Amount received on shares forfeited

Correct answer is option 'C'. Can you explain this answer?

Policherla Rajyalakshmi asked • 10 hours ago

In case of reciprocal promises, which is not applicable?

- a)They can perform simultaneously
- b)They cannot perform simultaneously
- c)They can be fixed by the parties to the Contract
- d)As depending upon the nature of the Contract

Correct answer is option 'B'. Can you explain this answer?

Sonal Maheshwari asked • 10 hours ago

Which of the following is false?

- a)The longer the time period, the smaller the present value, given a $100 future value and holding the interest rate constant.
- b)The greater the interest rate, the greater the present value, given a $100 future value and holding the time period constant.
- c)A future dollar is always less valuable than a dollar today if interest rates are positive.
- d)The discount factor is the reciprocal of the compound factor.

Correct answer is option 'B'. Can you explain this answer?

Poorthika Sivaperumal asked • 10 hours ago

Which of the following set of function define a probability space on S = a_{1}, a_{2}, a_{3}

- a)P(a
_{1})= 1/_{3}, P(a_{2}) = ½, P(a_{3})= ¼ - b)P(a
_{1})= 1/3, P(a_{2})= 1/_{6},P(a_{3})= ½ - c)P(a
_{1)}= P(a_{2})= 2/_{3}, P(a_{3})= ¼ - d)None

Correct answer is option 'B'. Can you explain this answer?

Ranjeet Singh asked • 11 hours ago

Gross capital formation will increase if:

1. gross domestic savings increases

2. gross domestic consumption increases

1. gross domestic savings increases

2. gross domestic consumption increases

3. GDP increases

Select the correct answer using the codes given below.

- a)1 only
- b)1 and 2 only
- c)1 and 3 only
- d)None

Correct answer is option 'D'. Can you explain this answer?

Isha Mittal asked • 11 hours ago

M is employed by P Q R Bros. a Partnership Firm. M is entitled to a remuneration of Rs. 40,000 p.m. plus 12% on the profit of the firm if profits exceed Rs. 10 lacs. Hence:

- a)M is not deemed as a partner in the firm
- b)M is deemed as partner in the firm
- c)M’s appointment is invalid
- d)M can claim only Rs. 40,000 p.m. but not share of profits

Correct answer is option 'A'. Can you explain this answer?

Priyanka Keahari asked • 11 hours ago

Mohan purchased goods for Rs. 15,00,000 and sold 4/5th of the goods amounting Rs. 18,00,000 and met expenses amounting Rs. 2,50,000 during the year, 2011. He counted net profit as Rs. 3,50,000. Which of the accounting concept was followed by him?

- a)Entity.
- b)Periodicity.
- c)Matching.
- d)Conservatism.

Correct answer is option 'C'. Can you explain this answer?

Ranjeet Singh asked • 13 hours ago

Following errors have been rectified at the end of the year:

(i) The return inward book was undercast by Rs. 150.

(ii) The return outward book was overcast by Rs. 1,000.

(iii) A payment of Rs.1,500 on account of salaries has been posted twice in the salaries account although entered correctly in the cashbook.

(i) The return inward book was undercast by Rs. 150.

(ii) The return outward book was overcast by Rs. 1,000.

(iii) A payment of Rs.1,500 on account of salaries has been posted twice in the salaries account although entered correctly in the cashbook.

The above errors if rectified, will give correct trial balance. Before rectification, balance of suspense account was

- a)Rs. 150 (Dr.)
- b)Rs. 1,150 (Dr.)
- c)Rs. 350 (Cr.)
- d)Rs. 1,500 (Cr.)

Correct answer is option 'C'. Can you explain this answer?

Rithika Patel asked • 14 hours ago

Using method of partial fraction to evaluate ∫ (x + 5) dx/(x + 1) (x + 2)^{2} and the final answer becomes

- a)4 log (x + 1) – 4 log (x + 2) + 3/x + 2 + k
- b)4 log (x + 2) – 3/x + 2) + k
- c)4 log (x + 1) – 4 log (x + 2)
- d)none of these

Correct answer is option 'A'. Can you explain this answer?

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