NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 299 - 301 of 1264

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Question number: 299

» Financial and Management Accounting » Marginal Costing and Break Even Analysis

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Appeared in Year: 2017

Assertion-Reason▾

Question

Assertion (Ꭺ)

From the marginal costing approach point of view, the marginal cost is compared with the purchase price.

Reason (Ꭱ)

If the marginal cost is less than the purchase price it should be purchased rather than manufactured.

Choices

Choice (4) Response

a.

Ꭺ is false but Ꭱ is true

b.

Ꭺ is true but Ꭱ is false

c.

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

d.

Both Ꭺ and Ꭱ are false

Question number: 300

» Business Environment » Policy Environment » Liberalization

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Appeared in Year: 2018

Assertion-Reason▾

Question

Assertion (Ꭺ)

Industrial liberalisation became an imperative condition for the growth of forces of competition leading to high efficiency and productivity in Indian industries.

(September Paper II)

Reason (Ꭱ)

Industrial development and curbing of poverty is only possible through government intervention.

(September Paper II)

Choices

Choice (4) Response

a.

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

b.

Ꭺ is false but Ꭱ is true

c.

Ꭺ is true but Ꭱ is false

d.

Both Ꭺ and Ꭱ are false

Question number: 301

» Financial and Management Accounting » Cost and Management Accounting » Ratio Analysis

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Appeared in Year: 2018

Assertion-Reason▾

Question

Assertion (Ꭺ)

A high operating ratio indicates a favourable position. (September Paper II)

Reason (Ꭱ)

A high operating ratio leaves a high margin to meet non-operating expenses. (September Paper II)

Choices

Choice (4) Response

a.

Ꭺ is false but Ꭱ is true

b.

Both Ꭺ and Ꭱ are false

c.

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

d.

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

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