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 three
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Which of the following is the largest community in classification of e-commerce?
Which of the following is the largest community in classification of e-commerce?
A) Business to Business (B to B) (Correct)
B) Business to Consumer (B to C)
C) Business to Government (B to G)
D) Government to Government (G to G)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 InsuranceA large amount spent on special advertisement is–
A large amount spent on special advertisement is–
(A) Capital Expenditure
(B) Revenue Expenditure
(C) Revenue Loss
(D) Deferred Revenue Expenditure
Answer: Deferred Revenue ExpenditureAccounting is?
Accounting is?
(A) An Art
(B) A Science
(C) A Profession
(D) All of these
Answer.DA machinery is purchased for Rs. 3,00,000 and Rs. 50,000 is spent on its installation. Rs. 5,000 is spent on fuel. What will be the amount of capital expenditure ?
A machinery is purchased for Rs. 3,00,000 and Rs. 50,000 is spent on its installation. Rs. 5,000 is spent on fuel. What will be the amount of capital expenditure ?
(A) Rs. 3,00,000
(B) Rs. 3,50,000
(C) Rs. 3,55,000
(D) None of these
Answer: Rs. 3,50,000Total 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 Plant