What does management audit imply?
What does management audit imply?
(A) Complete audit
(B) Detailed audit
(C) Efficiency audit
(D) Interim audit
Answer: Efficiency audit
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Total overheads incurred for running a canteen is re-apportioned among production Departments on what basis:
Total overheads incurred for running a canteen is re-apportioned among production Departments on what basis:
A. Floor area
B. Equitable
C. No. of employees (Correct)
D. Value of PlantThe Institute of Chartered Accountants of India was established in the year—
The Institute of Chartered Accountants of India was established in the year—
(A) 1947
(B) 1949
(C) 1951
(D) 1956
Answer.BIn 1952 Urwick produced a consolidated list of ten principles that included the principle that no one should be responsible for more than 5 or 6 direct subordinates whose work is interlocked. What is the correct label for this principle?
In 1952 Urwick produced a consolidated list of ten principles that included the principle that no one should be responsible for more than 5 or 6 direct subordinates whose work is interlocked. What is the correct label for this principle?A. SpecialisationB. CoordinationC. AuthorityD. Span of control (Correct)Insurable interest must be present at the time of insurance proposal and payment of claims in–
Insurable interest must be present at the time of insurance proposal and payment of claims in–
(A) Fire Insurance
(B) Marine Insurance
(C) Life Insurance
(D) Motor Insurance
Answer: Fire InsuranceThe difference between interest on loan charged and interest on deposits offered is known by the name:
The difference between interest on loan charged and interest on deposits offered is known by the name:
A. Slack
B. Spread (Correct)
C. Gap
D. MarginAccounting is?
Accounting is?
(A) An Art
(B) A Science
(C) A Profession
(D) All of these
Answer.D