Description : . Income from operations will always result if a. the cost of goods sold exceeds operating expenses. b. revenues exceed cost of goods sold. c. revenues exceed operating expenses. d. gross profit exceeds operating expenses.
Last Answer : b. revenues exceed cost of goods sold.
Description : What is the percent of revenues spent on admin. overhead for the Canadian health care system?
Last Answer : According to an article in the New England Journal of Medicine, "Canada's national health insurance program had overhead of 1.3 percent."
Description : By which bill does the government make arrangement for the collection of revenues for a year? -General Knowledge
Last Answer : The answer is 'Finance Bill'
Description : By which bill does the government make arrangement for the collection of revenues for a year? -Do You Know?
Last Answer : answer:
Description : How have oil revenues brought divisions to the region of North Africa southwest Asia and Central Asia?
Last Answer : Need answer
Description : The Firm is at equilibrium where: A. Output is maximum B. Profit is Maximum C. Revenues are Maximum D. Profit is Minimum
Last Answer : ANSWER: B
Description : Expenses need to be recorded in the period in which the associated revenues are recognised. This is to be ensured as per which one of the following accounting principles ? (A) Revenue recognition (B) Cost benefit (C) Matching (D) Periodicity
Last Answer : Answer: Revenue recognition
Description : Which one of the following authorities recommends the principles governing the grants-in-aid of the revenues to the states out of the consolidated fund of India? (1) Finance Commission (2) Inter-State-Council (3) Union Ministry of Finance (4) Public Accounts Committee
Last Answer : (1) Finance Commission Explanation: Finance commission recommends the president on the principle that should govern the grants-in-aid to the states by the centre.
Description : By which Bill does the Government propose collection of revenues for a year? (1) Economic Bill (2) nnance Bill (3) Supplementary Bill (4) None of the above
Last Answer : (2) nnance Bill Explanation: Finance Bill means a Bill ordinarily introduced every year to give effect to the financial proposals of the Government of India for the next following financial year ... immediately after the presentation of the Budget. The introduction of the Bill cannot be opposed.
Description : Among the tax revenues of the Union Government, the most important source is – (1) Income Tax (2) Customs Duty (3) Corporation Tax (4) Union Excise Duties
Last Answer : (4) Union Excise Duties Explanation: Central excise revenue is the biggest single source of revenue for the Government of India. The Union Government tries to achieve different socio-economic objectives by ... adopted by entry 84 of List I of the seventh Schedule of the Constitution of India.
Description : Which authority recommends the principles gov erring the grantsin-aid of the revenues of the States out of the Consolidated Fund of India? (1) Public Accounts Committee (2) Union Ministry of Finance (3) Finance Commission (4) Inter-State Council
Last Answer : (3) Finance Commission Explanation: The Finance Commission makes recommendations to the President regarding the principles governing the grants-in-aid of the revenues of 'the States out of the Consolidated ... for purposes other than those specified in the provisos to clause (1) of that article.
Description : The situation in which total Revenues equals total cost, is known as : (1) Monopolistic competition (2) Equilibrium level of output. (3) Break even point (4) Perfect competition
Last Answer : (3) Break even point Explanation: In economics and cost accounting, the break-even point (BEP) is the point at which cost or expenses and revenue are equal: there is no net loss or gain, and one has "broken even."
Description : By which bill does the government make arrangement for the collection of revenues for a year?
Last Answer : Finance Bill
Description : All of the following influence capital budgeting cash flows except . A. choice of depreciation method for tax purposes B. economic length of the project C. projected sales (revenues) for the project
Last Answer : B. economic length of the project
Description : Which of the following reports would identify the entry pages that are contributing the most to your e-commerce revenues? A. All Pages B. All Traffic C. Landing Pages D. E-commerce overview
Last Answer : C. Landing Pages
Description : A likely consequence of rationalization is: A. Lower number of employees B. Lower revenues C. Higher costs D. Price decrease
Last Answer : Higher costs
Description : A likely consequence of merger and acquisition is: A. Lower revenues B. Price increase C. Higher costs D. Price decrease
Last Answer : Price increase
Description : What is the easiest way to change the phrase, revenues, profits, gross margin, to read revenues, profits, and gross margin? a) Use the insert mode, position the cursor before the g in the gross, then ... cursor before the g in gross, then type the word and followed by a space d) None of these
Last Answer : a) Use the insert mode, position the cursor before the g in the gross, then type the word and followed by a space
Description : Indicate which one of the following would appear on the income statement of both a merchandising company and a service company. a. Gross profit b. Operating expenses c. Sales revenues d. Cost of goods sold
Last Answer : b. Operating expenses
Description : Sales revenues are usually considered earned when a. cash is received from credit sales. b. an order is received. c. goods have been transferred from the seller to the buyer. d. adjusting entries are made.
Last Answer : d. adjusting entries are made.
Description : ncome Summary has a credit balance of $12,000 in J. Sawyer Co. after closing revenues and expenses. The entry to close Income Summary is a. credit Income Summary $12,000, debit Retained Earnings ... 000, credit Dividends $12,000. d. debit Income Summary $12,000, credit Retained Earnings $12,000.
Last Answer : d. debit Income Summary $12,000, credit Retained Earnings $12,000.
Description : The operating cycle of a company is the average time that is required to go from cash to a. sales in producing revenues. b. cash in producing revenues. c. inventory in producing revenues. d. accounts receivable in producing revenues.
Last Answer : b. cash in producing revenues.
Description : Which of the following is a true statement about closing the books of a corporation? a. Expenses are closed to the Expense Summary account. b. Only revenues are closed to the Income Summary ... account. d. Revenues, expenses, and the dividends account are closed to the Income Summary account.
Last Answer : c. Revenues and expenses are closed to the Income Summary account.
Description : If Income Summary has a credit balance after revenues and expenses have been closed into it, the closing entry for Income Summary will include a a. debit to the retained earnings account. b. debit ... . c. credit to the retained earnings account. d. credit to the owner's dividends account.
Last Answer : c. credit to the retained earnings account.
Description : Each of the following accounts is closed to Income Summary except a. Expenses. b. Dividends. c. Revenues. d. All of these are closed to Income Summary.
Last Answer : b. Dividends.
Description : The transportation method, when applied to location analysis a. minimizes total fixed costs b. minimizes total production and transportation costs c. maximizes maximizes revenues revenues d. minimizes minimizes the movement movement of goods
Last Answer : b. minimizes total production and transportation costs
Description : While computation of profit in marginal costing A. Total marginal cost is deducted from total sales revenues B. Total marginal cost is added to total sales revenues C. Fixed cost is added to contribution D. None of the above
Last Answer : A. Total marginal cost is deducted from total sales revenues
Description : A segment of activity or area of operation for which revenues are accumulated is known as ------ a) Cost centre b) Profit centre c) Revenue centre d) Investment centre
Last Answer : c) Revenue centre
Description : A segment of activity for which revenues are accumulated a) investment centre b) profit centre c) revenue centre d) Responsibility
Last Answer : c) revenue centre
Description : Competition-oriented pricing is: A)used when costs and revenues are considered secondary to competitors' prices. B)not useful as a method of increasing or maintaining market share. C)of little use if the competing products are homogenous. D)most often used when competing products are heterogeneous.
Last Answer : A)used when costs and revenues are considered secondary to competitors' prices.
Description : A major problem with complex pricing structures is that they A)fail to generate the level of revenues needed by an organisation. B)confuse customers and lead to customer dissatisfaction. C) ... to regulation by governmental agencies. D)are almost always viewed as being deceptive by customers.
Last Answer : B)confuse customers and lead to customer dissatisfaction.
Description : .In Heckscher Ohlin theory production function differ between commodities but are same between---- (a) countries. (b) factors © costs. (d) revenues.
Last Answer : (a) countries.
Description : Which form of e‐commerce currently accounts for about 97% of all e‐commerce revenues? a. B2B b. B2C c. C2B d. C2C
Last Answer : a. B2B
Description : Product planning tells you: A. Where you will produce your product. B. Cost to produce your product. C. Your Net profit. D. Total revenues.
Last Answer : B. Cost to produce your product.
Description : Many sophisticated techniques or tolls are useful in decision-making. Which of the following is a tool that helps managers figure out how much to produce and points out the relationship between revenues, ... Marginal analysis ; (b) Breakeven analysis ; (c) Ratio analysis ; (d) Financial analysis
Last Answer : (b) Breakeven analysis ;
Description : 1. For whose removal Parliament's resolution is not needed? 2. By whom was the calculation of electronegativities first done? 3. By which bill does the government make arrangement for the ... the igneous rocks are formed? 20. The Kingdom of Vijayanagar came into existence during which reign?
Last Answer : Answer : 1. Judge of Supreme Court 2. Pauling 3. Finance Bill 4. China 5. Sanskrit of Rudradaman 6. Aid India Consortium 7. Malpighian tubule 8. Finance Bills 9. South Africa 10. Forced ... . Sangama 16. Cell of brain 17. State Legislature 18. CH3 COOH19. Granitisation 20. Muhammad-bin-Tughlaq
Description : Will the health care reform bill reduce government expenditures in the long run? If so, how?
Last Answer : No. If you think it does, name one government run program that is under budget.
Description : What is the main source of revenue to meet different expenditures? -General Knowledge
Last Answer : The answer is 'Internal borrowings'
Description : What is the main source of revenue to meet different expenditures? -Do You Know?
Description : Incomes of A and B are Rs 3500 and Rs 4200 respectively. The ratio of the savings of A and B is 4:3 and the ratio of their expenditures is 3:4. find t
Last Answer : Incomes of A and B are Rs 3500 and Rs 4200 respectively. The ratio of the savings of A and B is 4:3 and ... . Rs 800 B. Rs 600 C. Rs 900 D. Rs 1000
Description : The ratio of the monthly earnings of A and B is ` 3 : 2` . The ratio of the monthly expenditures of A and B is ` 4 : 3` A saves Rs. 300 each month. Wh
Last Answer : The ratio of the monthly earnings of A and B is ` 3 : 2` . The ratio of the monthly expenditures of A and B ... (in Rs.) A. 180 B. 195 C. 165 D. 205
Description : Which economic school of thought would explain how massive government expenditures during World War II sharply moved the country out of the Great Depression?
Last Answer : Keynesian Economics
Description : Consumption Expenditures + Investment + Government Expenditures = _______.?
Last Answer : cfc
Description : Which of the following statements(s) is/are true concerning human energy requirement? a. In normal subjects, less than 5% of basal energy requirement is spent on cardiac output and the ... d. Similar increases in energy expenditures are associated with elective surgery and trauma or thermal injury
Last Answer : Answer: a, c Basal energy requirements are measured with the subject at rest when no external work is being done; the energy is used mainly for transport and synthetic work within cells. A ... average-sized adult who sustains a major burn rarely may require more than 3500 kcal/day for maintenance
Description : Consumer's sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer's expenditures influence the allocation of resources. (4) consumer goods are free from government control,
Last Answer : (1) consumers are free to spend their income as they like. Explanation: Consumer sovereignty means that buyers ultimately determine which goods and services remain in production. In unrestricted markets, ... to motivate producers. So ultimately it means how the consumers want to spend their incomes.