Insurance claim received on account of machinery damaged completely by fire is

June 13, 2021 by admin

Question:

Insurance claim received on account of machinery damaged completely by fire is

Capital receipt

Revenue receipt

Capital expenditure

Revenue expenditure

Answer» a. Capital receipt

Note:

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

Member’s Gold Subscription + Credit extended by the member through the fund toother members _________

June 13, 2021 by admin

Question:

Member’s Gold Subscription + Credit extended by the member through the fund toother members _________

Gold Tranche

Credit Tranches

Gold standard Machanism

Floating exchange rate

Answer» a. Gold Tranche

Note:

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

Ratio Analysis can be used to study liquidity, turnover, profitability etc., of a firm. What does Debt-Equity Ratio help to study?

June 13, 2021 by admin

Question:

Ratio Analysis can be used to study liquidity, turnover, profitability etc., of a firm. What does Debt-Equity Ratio help to study?

Solvency

Liquidity

Profitability

Turnover

Answer» a. Solvency

Note:

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

Advertising expenses for launching a new product of the company is____________.

June 13, 2021 by admin

Question:

Advertising expenses for launching a new product of the company is____________.

Revenue expenditure

Capital expenditure

Deferred revenue expenditure

Deferred capital expenditure

Answer» c. Deferred revenue expenditure

Note:

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

Import duty of raw material purchased is a

June 13, 2021 by admin

Question:

Import duty of raw material purchased is a

Revenue Expenditure

Capital Expenditure

Deferred Revenue Expenditure

None of the above

Answer» a. Revenue Expenditure

Note:

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

Entrepreneur is a person or a group of persons who bears ——————.

June 13, 2021 by admin

Question:

Entrepreneur is a person or a group of persons who bears ——————.

Risk

Loss

Certainty

None of these.

Answer» a. Risk

Note:

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

Endowment fund receipt is treated as

June 13, 2021 by admin

Question:

Endowment fund receipt is treated as

Capital Receipt

Revenue Receipt

Loss

Expenses

Answer» a. Capital Receipt

Note:

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

———————- entrepreneurs are motivated by psychological and economic rewards.

June 13, 2021 by admin

Question:

———————- entrepreneurs are motivated by psychological and economic rewards.

Professional

Pure

Induced

None of these.

Answer» b. Pure

Note:

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

An expenditure is in capital nature when

June 13, 2021 by admin

Question:

An expenditure is in capital nature when

the receiver of the amount is going to treat it for the purchase of fixed assets.

it increase the quantity of fixed assets.

it is paid as interests on loans for the business

it maintains a fixed assets

Answer» a. the receiver of the amount is going to treat it for the purchase of fixed assets.

Note:

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

Del Credere Commission in consignment business is generally payable on

June 13, 2021 by admin

Question:

Del Credere Commission in consignment business is generally payable on

Total sales

only on credit sales.

other than credit sales

% on recovery of bad debt.

Answer» a. Total sales

Note:

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