CA Foundation

As per the accepted view, the registration of the firm is considered complete when

R and M entered into a joint venture to purchase and sell new year gifts. They agreed to share the profits and losses equally. R purchased goods worth Rs.1,00,000 and spent Rs.10,000 in sending the goods to M. He also paid Rs. 5,000 for insurance. M spent Rs. 10,000 as selling expenses and sold goods for Rs.2,00,000. Remaining goods were taken over by him at Rs. 5,000. Find out profit on venture.

An unbiased die is tossed 500 times. The Standard deviation of the no. of ‘sixes’ in these 500 tossed is

Suppose that a sole proprietorship is earning total revenues of Rs.100,000 and is incurring explicit costs of Rs.75,000. If the owner could work for another company for Rs.30,000 a year, we would conclude that:

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

The central problems of an economy arises because of—

X draws a bill on Y for Rs. 30,000 on 1.1.05. X accepts the same on 4.1.05. Period of the bill 3 months after date. What will be the due date of the bill:

Mr. Ram has his own artificial jewellery shop. He prefers to not join hands with any other persons, why? 

If u = 2x + 5 and v = –3y – 6 and regression coefficient of y on x is 2.4, what is the regression coefficient of v on u?

In a discrete random variable x follows uniform distribution and assumes only the values 8, 9, 11, 15, 18, 20. Then P(|x – 14| < 5) is

 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?

The table above lists the annual budget, in thousands of dollars, for each of six different state programs in Kansas from 2007 to 2010.
Of the following, which program's ratio of its 2007 budget to its 2010 budget is closest to the human resources program's ratio of its 2007 budget to its 2010 budget?

Correlation coefficient can be found out by

B Limited has been charging depreciation on the straight line method. It charges a full year depreciation even if the machinery is utilized only for part of the year. An equipment which was purchased for Rs.3,50,000 now stands at Rs.2,97,500 after depreciating at the rate of 5% on a straight line basis. Now the company decides to change the method of depreciation with retrospective effect. The applicable reducing balance rate for this machinery would be 8% p.a. Assuming that before the effect of this change could be accounted, depreciation for the current year is already charged based on straight line method and is reflected in the depreciated value of Rs.2,97,500.

In which book of original entry, will you record the following transactions?

Choose the Venn diagram which best illustrates the three given classes.

Citizens, Educated, Men

If the two quartiles of N (µ , σ²) are 14.6 and 25.4 respectively, what is the standard deviation of the distribution?

What is the chance of throwing at least 7 in a single cast with 2 dice?

A partner may be expelled from the firm on the fulfilment of the condition that power of expulsion is exercised:

The price of a commodity increases from Rs. 5 per unit in 1990 to Rs. 7.50 per unit in 1995 and the quantity consumed decreases from 120 units in 1990 to 90 units in 1995. The price and quantity in 1995 are 150% and 75% respectively of the corresponding price and quantity in 1990. Therefore, the product of the price ratio and quantity ratio is :

The activities and processes used in making both tangible and intangible products is known as _____________. 

 The difference between broad money and narrow money is:

Which of the following is/are the internal or domestic source(s) of fund mobilisation for the government?

If the quantity demanded of beef increases by 5% when the price of chicken increases by 20%, the cross-price elasticity of demand between beef and chicken is

 In how many ways that 3 commerce books, 3 computer books and 5 economics books be arranged along a row, so that books of same subjects are come together is_

During a certain period the cost of living index number goes up from 110 to 200 and the salary of a worker is also raised from Rs. 325 to Rs. 500. The worker does not get really gain. Then the real wages decreased by :

Promissory note features

1) Must be stamped

2) Payee must sign

3) Conditional undertaking

4) Certain amount

5) Not transferable to bearer

If the average marks of three batches of 55, 60 and 45 students respectively is 50, 55, 60, then the average marks of all the students is:

When the buyer and seller both reject the goods and the goods are in transit, then 

What is the standard deviation from the following data relating to the age distribution of 200 persons?

For a bivariate frequency table having (p + q) classification the total number of cells is

The correlation between the speed of an automobile and the distance travelled by it after applying the brakes is

A agrees to deliver his old car valued at Rs. 80,000 to B, a car dealer, in exchange for a new car, and agrees to pay the difference in cash it is

If 4y – 5x = 15 is the regression line of y on x and the coefficient of correlation between x and y is 0.75, what is the value of the regression coefficient of x on y?

Huge Ltd. issued 25,000 equity shares of Rs.100 each at a premium of Rs. 15 each payable as Rs. 25 on application, Rs. 40 on allotment and balance in the first call. The applications were received for 75,000 equity shares but the company issued to them only 25,000 shares. Excess money was refunded to them after adjustment for further calls. Last call on 500 shares were not received and were forfeited after due notice. The above is the case of

The ________ makes index nos. time-reversible.

What is the elasticity of supply, when price changes from Rs. 15 to Rs. 12 and supply change from 6 units to 5 units?

The consideration must move at the desire of _______ only.

Demand of products per day for three days are 21, 19, 22 units and their respective probabilities are 0.29, 0.40, 0.35. profit per unit is $0.50 then expected profits for three days are

 When a large number of articles are sent on a sale or return basis, It is necessary to maintain:

If the probability of a horse A winning a race is 1/6 and the probability of a horse B winning the same race is 1/4 , what is the probability that one of the horses will win

These question are based on the diagram given below showing four persons Amar, Bhushan, Chandu and Dilip stationed at four corners of a square piece of plot as shown.
Amar start crossing the plot diagonally, After walking half distance, he turns right (900) , walks some distance and turns left.

Q. Which direction is A facing now?

Gopalaswami proposed to Raman to give 1 kg. of opium if he destroys the property of Swami Nathan, In this case_______.