The willingness to face the losses arising from the uncertainties in the field of business bravely called .

Question:

The willingness to face the losses arising from the uncertainties in the field of business bravely called .

A.

Risk bearing

B.

Loss

C.

Uncertainty

D.

Certainty.

Answer» a. Risk bearing

Note: The above multiple-choice question is for all general and Competitive Exams in India

On receipt of goods from the consignor the consignee debits which of these accounts?

Question:

On receipt of goods from the consignor the consignee debits which of these accounts?

A.

Purchase account

B.

Goods account

C.

Consignor account

D.

None of the above

Answer» d. None of the above

Note: The above multiple-choice question is for all general and Competitive Exams in India

Which one of the following is not the feature of a joint venture business?

Question:

Which one of the following is not the feature of a joint venture business?

A.

Co-venture may or may not contribute initial capital.

B.

It has limited duration

C.

It is done for specific purpose

D.

Profit or loss on joint venture is shared as per their capital ratio.

Answer» d. Profit or loss on joint venture is shared as per their capital ratio.

Note: The above multiple-choice question is for all general and Competitive Exams in India

There are 250 members in the Srikrishna Clu b where annual subscription is 500. During 2016-17, subscription received 97,500 and subscription receivable is 47,500. What amount of subscription received in advance during 2016-17?

Question:

There are 250 members in the Srikrishna Clu b where annual subscription is 500. During 2016-17, subscription received 97,500 and subscription receivable is 47,500. What amount of subscription received in advance during 2016-17?

A.

20,000

B.

25,000

C.

27,500

D.

50,000

Answer» a. 20,000

Note: The above multiple-choice question is for all general and Competitive Exams in India