The product range is widest in case of–
The product range is widest in case of–
(A) Chain store
(B) Departmental store
(C) Speciality shop
(D) One price shop
Answer: Departmental store
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Which of the following errors are not disclosed by Trial Balance ?
Which of the following errors are not disclosed by Trial Balance ?
(A) Compensatory Errors
(B) Errors of Principle
(C) Errors of Omission
(D) All the three
Answer: All the threeAn investment centre is a responsibility centre where the manager has control over
An investment centre is a responsibility centre where the manager has control over
A. Costs
B. Costs and profits
C. Costs, profits, and product quality
D. Costs, profits, and assets (Correct)A public corporation is set up–
A public corporation is set up–
(A) By a Special Act of Parliament
(B) By a special order of the Government
(C) Under Indian Companies Act, 1956
(D) By none of the above
Answer: By a Special Act of ParliamentAccording to going concern concept a business entity is assumed to have–
According to the going concern concept, a business entity is assumed to have–
(A) A long life
(B) A small life
(C) A very short life
(D) A definite life
Answer: A long lifeWhat does management audit imply?
What does management audit imply?
(A) Complete audit
(B) Detailed audit
(C) Efficiency audit
(D) Interim audit
Answer: Efficiency auditWhich among the following is a Positional average?
Which among the following is a Positional average?
A. Arithmetic Mean
B. Median (Correct)
C. Mode
D. Geometric Mean
E. Harmonic Mean