NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 201 - 205 of 1264

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Question number: 201

» Accounting and Finance » Inflation Accounting

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Appeared in Year: 2018

Assertion-Reason▾

Question

Assertion (Ꭺ)

A high operating ratio indicates favorable position. (July Paper 2)

Reason (Ꭱ)

A high operating ratio leaves margin to meet non-Operating expenses.

Choices

Choice (4) Response

a.

Both Ꭺ and Ꭱ are true and Ꭱ is the correct explanation of Ꭺ

b.

Both Ꭺ and Ꭱ are true but Ꭱ is NOT the correct explanation of Ꭺ

c.

Both Ꭺ and Ꭱ are false

d.

Ꭺ is true but Ꭱ is false

Question number: 202

» Accounting and Finance » Accounting Standards in India

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MCQ▾

Question

At the end of the accounting year, every business firm has to make

Choices

Choice (4) Response

a.

Asset Book

b.

Final Accounts

c.

Sales Book

d.

Cash book

Question number: 203

» Accounting and Finance » Venture Capital Funds

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Appeared in Year: 2018

MCQ▾

Question

and Y sharing profits in the ratio of admit for share in the new firm in which he takes from and from . The new ratio of will be: (July Paper 2)

Choices

Choice (4) Response

a.

b.

c.

d.

Question number: 204

» Income-Tax Law and Tax Planning » Residential Status and Tax Incidence

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MCQ▾

Question

Income Tax is a tax on income earned by a ________

Choices

Choice (4) Response

a.

HUF (Hindu Undivided Family)

b.

Body of Individual

c.

Individual

d.

Person

Question number: 205

» Accounting and Finance » Measurement of Risk and Returns Securities and Portflios

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Appeared in Year: 2018

MCQ▾

Question

Total return on a security is equal to the following: (September Paper II)

Choices

Choice (4) Response

a.

b.

c.

d.

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