Description : How can money be easily exchanged for goods or services ? Give an example to explain. -SST 10th
Last Answer : 1. Money as a standard medium of payments can easily be exchanged for any commodity or service because transactions involving money only involve the use of money which in turn is very convenient as against ... they wish to buy. Money is, thus, the most convenient and time-saving medium of exchange.
Description : ___________ value is the amount for which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm‟s length transaction.
Last Answer : Fair,
Description : Exchange rate is the rate at which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm’s length transaction.
Last Answer : FALSE
Description : ............. is a set of information that is exchanged between a client and web browser and a web server during an HTTP transaction. A) infoset B) clientinfo C) cookie D) transkie
Last Answer : C) cookie
Description : A ………….. is a set of information that is exchanged between a client and web browser and a web server during an HTTP transaction. A) infoset B) clientinfo C) cookie D) transkie
Last Answer : D) transkie
Description : Price is A)the value that is exchanged for products in a marketing transaction. B)always money paid in a marketing transaction. C)more important to buyers than sellers. D)usually the most inflexible marketing mix decision variable.
Last Answer : A)the value that is exchanged for products in a marketing transaction.
Description : The Secure Electronic Transaction protocol is used for a. credit card payment b. cheque payment c. electronic cash payments d. payment of small amounts for internet services
Last Answer : a. credit card payment
Description : A foreign currency transaction arises when an enterprise buys or sells goods or services whose price is denominated in the reporting currency.
Description : Mark correct options a) COD means Cash-on-Delevery b) Under COD system may be exchanged VP parcel c) VP letter, Parcel & COD parcel may be insured in accordance with the conditions d) All of the above are correct
Last Answer : d) All of the above are correct
Description : If the intrinsic values of shares exchanged are not equal, the difference is paid in ........... (A) Cash (B) Debenture (C) Pref. share (D)Assets
Last Answer : (A) Cash
Description : If the intrinsic values of shares exchanged are not equal, the difference is paid in ........... (A)Cash (B)Debenture (C)Pref. share (D)Assets
Last Answer : (A)Cash
Description : Barter transactions means - (1) Goods are exchanged with gold. (2) Coins are exchanged for goods. (3) Money acts as a medium of exchange. (4) Goods are exchanged with goods.
Last Answer : (4) Goods are exchanged with goods. Explanation: Barter is a system of exchange where goods or services are directly exchanged for other goods or services without using a medium of exchange, ... crisis, such as when the currency may be either unstable or simply unavailable for conducting commerce,
Description : In economic goods includes material things which………. (a) Can be transferred ; (b) Can be exchanged for one another ; (c) Both ; (d) None
Last Answer : (c) Both ;
Description : Barter transactions means (1) Goods are exchanged with gold. (2) Coins are exchanged for goods. (3) Money acts as a medium of exchange. (4) Goods are exchanged with goods.
Last Answer : Goods are exchanged with goods.
Description : What do you mean by cloud in cloud computing? A. Data exchanged among grid nodes. B. Provides tools to monitor and distribute the number of licenses. C. Provides logical view of data. D. Set of hardware, software, network, storage, services and interfaces.
Last Answer : Set of hardware, software, network, storage, services and interfaces.
Description : In cash transactions, goods or services are purchased for a certain value to be paid in the future.
Last Answer : State whether the following statement are true or false with reason : In cash transactions, goods or ... a certain value to be paid in the future.
Description : In credit transactions, goods or services are purchased for cash only
Last Answer : State whether the following statement are true or false with reason : In credit transactions, goods or services are purchased for cash only
Description : Which of the following is not a key activity of an operations manager? a. Understanding Understanding the needs of customer customer b. Continually learning Continually learning c. Managing cash ... d. Exploiting Exploiting technology to technology to produce goods produce goods and ser and services
Last Answer : c. Managing cash flows
Description : Cash payment suppliers of goods and services are shown under-------------. a) Operating b) Financing c) Investing
Last Answer : a) Operating
Description : Enter the following transaction in simple cash book
Last Answer : Enter the following transaction in simple cash book
Description : ___________ is basically charged when a person uses a credit card to obtain cash. A. Early Repayment Charge B. Redemption Fee C. Transaction Fee D. Cash Advance Fee
Last Answer : D. Cash Advance Fee Explanation: A cash advance fee is a charge that a credit card issuer charges a customer for accessing the cash credit line on his or her account, either through an ATM, convenience check or at a bank‘s teller window.
Description : The national agency mandated to control, analyse and disseminate Suspicious Transaction Reports(STR), Cash Transaction Reports and counterfeit currency reports to various investigative agencies of the country after ... (IB) D. Central Bureau of Investigation(CBI) E. Central Intelligence Unit(CIU)
Last Answer : B. Financial Intelligence Unit(FIU) Explanation: The FIU is the national agency mandated to collect, analyse and disseminate Suspicious Transaction Reports (STRs), Cash Transaction Reports ... country after receiving it from banks and other financial intermediaries under a stipulated mechanism.
Description : Which of the following is the Slogan of UPI(Unified Payment Interface)? A. Less Amount More Digital B. Less Cash More Transaction C. Less Cashflow More Digital D. Less Circulation More Digital E. Less Cash More Digital
Last Answer : E. Less Cash More Digital Explanation: Less cash more digital is the Slogan of UPI(Unified Payment Interface)
Description : In case the depositor not made any transaction in PPF account. a) Rs 50/- will be collected for the one financial year b) Rs 100/- will be collected for no transaction was made for two financial ... of cash and credited into UCR c) Condone default is called to the defaulted deposit d) All the above
Last Answer : d) All the above
Description : The purpose of maintaining the SO summary is a) For consolidating the monetary transaction of the SOs in account with it b) To check the transaction of the SOs including the branch offices in account with ... stamps and postage due in transit between the HO and the SO under it. d) All the above
Description : what is the purpose of preparation of supplementary Cash Book a. record the transaction of closing days of March from sub office b record the transaction of closing days of March from Head Office c. record the transaction of closing days of March and first working day from sub office
Last Answer : a. record the transaction of closing days of March from sub office
Description : On what basis the transaction recorded in treasures cash Book a. on the basis of amount b. on the basis of time they occur c. None of these
Last Answer : b. on the basis of time they occur
Description : The transaction is entered in cash book on the basis of ---------- a. Occurrence b. amount c None of these
Last Answer : a. Occurrence
Description : What is the name of entry which is used in Bank Column cash book to record the money transaction?
Last Answer : Contra entry
Description : Speedy Bike Company received a $940 check from a customer for the balance due. The transaction was erroneously recorded as a debit to Cash $490 and a credit to Service Revenue $490. The ... Receivable, $940. d. debit Accounts Receivable, $940; credit Cash, $450 and Service Revenue, $490.
Last Answer : c. debit Cash, $450 and Service Revenue, $490; credit Accounts Receivable, $940.
Description : The difference between transactional selling and relationship selling is A. In transaction, selling buyers must pay cash B. In relationship selling, buyers and sellers must be related C. In ... to their customers e. In transaction selling, the transaction is the beginning of a relationship
Last Answer : D. In relationship selling, sellers work to provide value to their customers e. In transaction selling, the transaction is the beginning of a relationship
Description : Preliminary expenses written off is-------- a) Cash transaction b) Non-cash transaction c) Credit transaction d) None of the above
Last Answer : b) Non-cash transaction
Description : (i) In barter transaction goods are exchange for ____________
Last Answer : Complete the following sentence : (i) In barter transaction goods are exchange for ____________ ( ... more than his assets is known as ___________
Description : Sense of territoriality and the ensuing awareness of autonomy were the main factors responsible for the __________
Last Answer : Sense of territoriality and the ensuing awareness of autonomy were the main factors responsible for ... d) formation of ancient janapadas in India.
Description : Regional Zones were called __________
Last Answer : Regional Zones were called __________ (a) Sabha (b) Sangharajya (c) Khanda (d) Mahajanpada
Description : In ancient Indian literature, the post of secretary is referred as __________
Last Answer : In ancient Indian literature, the post of secretary is referred as __________ (a) Sachiva (b) Scribae (c) Secretarius
Description : The function of a secretary to look after the inward and outward mail is called __________
Last Answer : The function of a secretary to look after the inward and outward mail is called __________ (a) Reception (b) Statutory (c) Correspondence
Description : In ancient Indian history, secretary was referred to as __________
Last Answer : In ancient Indian history, secretary was referred to as __________ (a) Scribae (b) Secretarius (c) Amatya
Description : The capital at the beginning of the accounting year is ascertained by preparing __________
Last Answer : The capital at the beginning of the accounting year is ascertained by preparing __________ (a) ... of Affairs (d) Closing Statement of Affairs
Description : Under single Entry system, Profit = Closing Capital less __________
Last Answer : Under single Entry system, Profit = Closing Capital less __________ (a) Opening Capital (b) ... Assets (c) Opening Liabilities (d) Drawings
Description : If closing capital is ₹ 30,000 and profit is ₹ 5,000 opening capital was __________
Last Answer : If closing capital is ₹ 30,000 and profit is ₹ 5,000 opening capital was __________ (a) ₹ 35,000 (b) ₹ 30,000 (c) ₹ 25,000 (d) ₹ 15,000
Description : The difference between the capital at the end of the year and capital at the beginning of the year is called __________
Last Answer : The difference between the capital at the end of the year and capital at the beginning of the year is ... (b) Income (c) Drawings (d) Expenses
Description : A list of balances of all the accounts in ledger is called __________
Last Answer : A list of balances of all the accounts in ledger is called __________ (a) Balance Sheet (b) Profit and ... c (c) Trading A/c (d) Trial Balance
Description : The ancient civilisations of Mesopotamia and Harappa had cultural ties with each other because of __________
Last Answer : Choose the correct reason and complete the sentence: The ancient civilisations of Mesopotamia and ... were found (d) impressive town planning
Description : The first settlement of the Early Harappan period was established __________
Last Answer : Choose the correct reason and complete the sentence: The first settlement of the Early Harappan period was established ... .E (d) around 3300 B.C.E
Description : The evidence of the first excavations at Harappa had indicated __________
Last Answer : Choose the correct reason and complete the sentence: The evidence of the first excavations at Harappa ... (d) the decline of Harappan civilisation.
Description : By the amount of depreciation the value of asset __________
Last Answer : By the amount of depreciation the value of asset __________ (a) decreases (b) increases (c) becomes zero (d) remains constant
Description : Lothal was excavated by __________
Last Answer : Lothal was excavated by __________ (a) J. P. Joshi (b) S. R. Rao (c) R. D. Banerjee (d) Madho Swarup
Description : Left hand side of an account is called __________
Last Answer : Left hand side of an account is called __________ (a) Credit (b) Debit (c) Middle (d) Centre
Description : Customs and traditions which guide the accountants to prepare accounting statements are called __________
Last Answer : Customs and traditions which guide the accountants to prepare accounting statements are called __________ (a) ... (c) Concepts (d) Procedure