Which 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
Which among the following is a Positional average?
A. Arithmetic Mean
B. Median (Correct)
C. Mode
D. Geometric Mean
E. Harmonic Mean
Where does an auditor of a cooperative society submit the audit report?
(A) To the managing committee of the society only
(B) To the Registrar of Cooperative Societies of the State concerned only
(C) To the State Assembly concerned
(D) To the Registrar of Cooperative Societies of the State concerned and a copy to the society
Answer: To the Registrar of Cooperative Societies of the State concerned only
Recording of capital contributed by the owner as liability ensures the adherence of principle of–
(A) Consistency
(B) Going concern
(C) Separate entity
(D) Materiality
Answer: Separate entity
At internal rate of return (IRR), Profitability index of a project will be:
A. Maximum
B. Minimum
C. One (Correct0
D. Zero
Indian Accounting Standard – 28 is related to–
(A) Accounting for taxes on income
(B) Financial Reporting of Interests in Joint Venture
(C) Impairment of Assets
(D) Provisions, Contingent Liabilities and Contingent Assets
Answer: Impairment of Assets
Bad loans in banking terminology are generally known as–
(A) BPOs
(B) Prime Asset
(C) NPAs
(D) CBS
Answer: NPA’s
Which of the following are the forms of E-banking?
i) Internet Banking
ii) Telephone Banking
iii) Electronic Check conversion
iv) Electronic Bill Payment
v) Direct Deposit
A) i, ii, iii and iv only
B) ii, iii, iv and v only
C) i, iii, iv and v only
D) All i, ii, iii, iv and v (Correct)