According to ____________ concept, every business transaction has two aspects. 

According to ____________ concept, every business transaction has two aspects. 
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According to ____________ concept, every business transaction has two aspects. (a) going concerned (b) ... (c) business entity (d) dual aspects
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According to ____________ concept business shall go on for a long time. 

Description : According to ____________ concept business shall go on for a long time. 

Last Answer : According to ____________ concept business shall go on for a long time. (a) going concerned (b) consistency (c) materiality (d) dual aspects

According to ____________ concept, assets are recorded at a price paid to acquire them. 

Description : According to ____________ concept, assets are recorded at a price paid to acquire them. 

Last Answer : According to ____________ concept, assets are recorded at a price paid to acquire them. (a) Cost ... measurement (c) Entity (d) Dual aspect

According to ____________ concept revenue is recognised when it is earned. 

Description : According to ____________ concept revenue is recognised when it is earned. 

Last Answer : According to ____________ concept revenue is recognised when it is earned. (a) Realisation (b) Accounting period (c) Accrual (d) Matching cost

According to ____________ convention, while preparing planning anticipate losses. 

Description : According to ____________ convention, while preparing planning anticipate losses. 

Last Answer : According to ____________ convention, while preparing planning anticipate losses. (a) Materiality (b) ... (c) Conservatism (d) disclosure

In fixed instalment system the amount of depreciation is ____________ every year. 

Description : In fixed instalment system the amount of depreciation is ____________ every year. 

Last Answer : In fixed instalment system the amount of depreciation is ____________ every year. (a) constant (b) fluctuating (c) increased (d) decreased

Capital is ____________ of the business. 

Description : Capital is ____________ of the business. 

Last Answer : Capital is ____________ of the business. (a) asset (b) liability (c) property (d) goodwill

1. Which one of the following aspects is an inclusive characteristic of living things? 

Description : 1. Which one of the following aspects is an inclusive characteristic of living things? 

Last Answer : Multiple Choice Questions: 1. Which one of the following aspects is an inclusive characteristic of ... the food habits and behaviour of wild animals.

A company is in the ____________ stage of the new product development process when the company develops the product concept into a physical product in order to assure that the product in order to assure that the product idea can be turned into a workable product. 1. product development 2. commercialization 3. marketing strategy 4. business analysis 5. none of these

Description : A company is in the ____________ stage of the new product development process when the company develops the product concept into a physical product in order to assure that the product in order ... development 2. commercialization 3. marketing strategy 4. business analysis 5. none of these

Last Answer : product development

(i) In barter transaction goods are exchange for ____________

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 ___________

During a merger and acquisition transaction, the ability to find and use good comparable data for a valuation is relatively ____________. a) easy because each successful company within an industry uses the same ratios b) easy because public stock price fluctuation is not sufficient or erratic enough to make a difference c) difficult because book value is adjusted in small companies as FIFO is the method of choice and in public companies’ book value is static due to LIFO d) difficult because size differential, management depth, product diversity and access to lines of credit seldom match the company being valued

Description : During a merger and acquisition transaction, the ability to find and use good comparable data for a valuation is relatively ____________. a) easy because each successful company within an industry ... depth, product diversity and access to lines of credit seldom match the company being valued

Last Answer : d) difficult because size differential, management depth, product diversity and access to lines of credit seldom match the company being valued

Karan bought 1000 share of ABC Limited at Rs.910 through his broker excluding brokerage and taxes. However, the current market price of that share is Rs.915. Here, the amount of Rs.915 reflects ____________. a) value of share b) cost of investment c) investment value d) price of transaction

Description : Karan bought 1000 share of ABC Limited at Rs.910 through his broker excluding brokerage and taxes. However, the current market price of that share is Rs.915. Here, the amount of Rs.915 reflects ____________. a) value of share b) cost of investment c) investment value d) price of transaction

Last Answer : a) value of share

Tom goes to a vending machine, deposits 50 pence, and receives a Cola. Which one of the following aspects of the definition of marketing is focused on here? A)Production concept. B)Satisfaction of organisational goals. C)Product pricing and distribution. D)Exchange.

Description : Tom goes to a vending machine, deposits 50 pence, and receives a Cola. Which one of the following aspects of the definition of marketing is focused on here? A)Production concept. B)Satisfaction of organisational goals. C)Product pricing and distribution. D)Exchange.

Last Answer : D)Exchange.

With respect to the concept of materiality, which one of the following statements is correct? a. Materiality is a matter of professional judgment. b. Materiality is determined by reference to AASC's guidelines. c. Materiality depends on the nature of a transaction rather than the peso amount of the transaction. d. Materiality depends only on the peso amount of an item relative to other items in the financial statements

Description : With respect to the concept of materiality, which one of the following statements is correct? a. Materiality is a matter of professional judgment. b. Materiality is determined by reference to AASC's ... depends only on the peso amount of an item relative to other items in the financial statements

Last Answer : Materiality is a matter of professional judgment

Every business organization needs a secretary having a knowledge of recording ___________ transactions. 

Description : Every business organization needs a secretary having a knowledge of recording ___________ transactions. 

Last Answer : Every business organization needs a secretary having a knowledge of recording ___________ transactions. (a) financial (b) private (c) illegal

Which statement is correct regarding the relationship between internal auditing and the external auditor? a. Some judgments relating to the audit of the financial statements are those of the internal auditor. b. The external audit function's objectives vary according to management's requirements. c. Certain aspects of internal auditing may be useful in determining the nature, timing and extent of external audit procedures. d. The external auditor is responsible for the audit opinion expressed, however that responsibility may be reduced by any use made of internal auditing

Description : Which statement is correct regarding the relationship between internal auditing and the external auditor? a. Some judgments relating to the audit of the financial statements are those of the ... opinion expressed, however that responsibility may be reduced by any use made of internal auditing

Last Answer : Certain aspects of internal auditing may be useful in determining the nature, timing and extent of external audit procedures.

Industrial products are A)purchased for personal consumption. B)frequently purchased for both their functional aspects and their psychological rewards. C)traditionally classified according to their characteristics and intended uses. D)not purchased by nonbusiness organisations.

Description : Industrial products are A)purchased for personal consumption. B)frequently purchased for both their functional aspects and their psychological rewards. C)traditionally classified according to their characteristics and intended uses. D)not purchased by nonbusiness organisations.

Last Answer : C)traditionally classified according to their characteristics and intended uses.

According to going concern concept a business entity is assumed to have– (A) A long life (B) A small life (C) A very short life (D) A definite life

Description : According to going concern concept a business entity is assumed to have– (A) A long life (B) A small life (C) A very short life (D) A definite life

Last Answer : Answer: A long life

Business enterprise is separate from its owner according to _____ concept. a) Money measurement concept b) Matching concept c) Entity concept d) Dual aspect concept

Description : Business enterprise is separate from its owner according to _____ concept. a) Money measurement concept b) Matching concept c) Entity concept d) Dual aspect concept

Last Answer : c) Entity concept

The ____________ enlist 64 Indian scripts. 

Description : The ____________ enlist 64 Indian scripts. 

Last Answer : The ____________ enlist 64 Indian scripts. (a) Deepvamsa (b) Mahavamsa (c) Lalitvistar (d) Chullavamsa

____________ was the first woman to become a Buddhist nun in Sri Lanka. 

Description : ____________ was the first woman to become a Buddhist nun in Sri Lanka. 

Last Answer : ____________ was the first woman to become a Buddhist nun in Sri Lanka. (a) Sanghamitra (b) Anula (c) Anuradha (d) Tara

____________ is the Latin name of Iran. 

Description : ____________ is the Latin name of Iran. 

Last Answer : ____________ is the Latin name of Iran. (a) Pars (b) Ariana (c) Susa (d) Persepolis

The Iranian empire was established by ____________ of the Achaemenid dynasty. 

Description : The Iranian empire was established by ____________ of the Achaemenid dynasty. 

Last Answer : The Iranian empire was established by ____________ of the Achaemenid dynasty. (a) Cyrus the Great (b) ... the Great (c) Daryush (d) Xerxes

____________ became the king of Macedonia. 

Description : ____________ became the king of Macedonia. 

Last Answer : ____________ became the king of Macedonia. (a) Daryush-I (b) Xerxes (c) Cyrus the Great (d) Alexander

The ____________ also mentions trade by exchange, negotiations, and traders travelling far and wide to earn profits. 

Description : The ____________ also mentions trade by exchange, negotiations, and traders travelling far and wide to earn profits. 

Last Answer : Choose the correct reason and complete the sentence: The ____________ also mentions trade by exchange, ... Samaveda (c) Yajurveda (d) Rigveda

The ____________ is regarded as the text that is fundamental in development of Indian music. 

Description : The ____________ is regarded as the text that is fundamental in development of Indian music. 

Last Answer : The ____________ is regarded as the text that is fundamental in development of Indian music. (a) ... ) Samaveda (c) Yajurveda (d) Atharvaveda

The verses in ____________ is known on ‘Rueha’. 

Description : The verses in ____________ is known on ‘Rueha’. 

Last Answer : The verses in ____________ is known on ‘Rueha’. (a) Samaveda (b) Rigveda (c) Atharvaveda (d) Yajurveda

____________ function implies compliance of various provisions of Acts applicable to the organization. 

Description : ____________ function implies compliance of various provisions of Acts applicable to the organization. 

Last Answer : ____________ function implies compliance of various provisions of Acts applicable to the organization. (a) Financial (b) Statutory (c) Office

In the year 1583, an Italian merchant ____________ came to Kochi, Kerala. 

Description : In the year 1583, an Italian merchant ____________ came to Kochi, Kerala. 

Last Answer : In the year 1583, an Italian merchant ____________ came to Kochi, Kerala. (a) Vasco da Gama (b) Filippo Sassetti (c) Albuquerque (d) Ferdinand

____________ was composed in India around 1500 B.C.E. 

Description : ____________ was composed in India around 1500 B.C.E. 

Last Answer : ____________ was composed in India around 1500 B.C.E. (a) Atharvaveda (b) Samaveda (c) Yajurveda (d) Rigveda

____________ mentioned as the **** of Urvara. 

Description : ____________ mentioned as the Lord of Urvara. 

Last Answer : ____________ mentioned as the Lord of Urvara. (a) Agni (b) Varun (c) Indra (d) Pushan

____________ means ability to adjust oneself to changing situation. 

Description : ____________ means ability to adjust oneself to changing situation. 

Last Answer : ____________ means ability to adjust oneself to changing situation. (a) Loyalty (b) Adaptability (c) Punctuality

A ____________ site was found at Lahuradeva in Sant Kabirnagar district of Uttar Pradesh. 

Description : A ____________ site was found at Lahuradeva in Sant Kabirnagar district of Uttar Pradesh. 

Last Answer : Choose the correct alternative and write the complete sentence: A ____________ site was found at Lahuradeva ... (c) Neolithic (d) Chalcolithic

in ____________ mesolithic man existed during 10000-4000 B.C.E. 

Description : in ____________ mesolithic man existed during 10000-4000 B.C.E. 

Last Answer : Choose the correct alternative and write the complete sentence: in ____________ mesolithic man existed during ... (c) Bihar (d) Northeast India

Pasting wet clay ribbons and making patterns on them is known as ____________ work. 

Description : Pasting wet clay ribbons and making patterns on them is known as ____________ work. 

Last Answer : Choose the correct alternative and write the complete sentence: Pasting wet clay ribbons and making patterns ... (c) apply (d) amalgamation

Microliths were found in ____________ age. 

Description : Microliths were found in ____________ age. 

Last Answer : Choose the correct alternative and write the complete sentence: Microliths were found in ____________ age ... (c) Mesolithic (d) Palaeolithic

____________ made the first stone tools. 

Description : ____________ made the first stone tools. 

Last Answer : Choose the correct alternative and write the complete sentence: ____________ made the first stone tools. (a ... (c) Homo habilis (d) Homo phones

Total of Sales book is ____________ to sales account. 

Description : Total of Sales book is ____________ to sales account. 

Last Answer : Total of Sales book is ____________ to sales account. (a) entered (b) moved (c) posted (d) given

____________ is prepared from the balances in the ledger accounts. 

Description : ____________ is prepared from the balances in the ledger accounts. 

Last Answer : ____________ is prepared from the balances in the ledger accounts. (a) List (b) Journal (c) Book (d) Trial Balance

____________ is the act of transferring an entry from journal to ledger. 

Description : ____________ is the act of transferring an entry from journal to ledger. 

Last Answer : ____________ is the act of transferring an entry from journal to ledger. (a) Journalising (b) Casting (c) Balancing (d) Posting

i. Business communication is concerned with ____________ activities.  (a) economic  (b) business  (c) social

Description : i. Business communication is concerned with ____________ activities.  (a) economic  (b) business  (c) social

Last Answer : Select the correct answer from the options given below and rewrite the statement: i. Business ... attitude (b) signature (c) clarity

When a transaction is not recorded according to the principles of book-keeping the error is said to be an error of principle.

Description : When a transaction is not recorded according to the principles of book-keeping the error is said to be an error of principle.

Last Answer : State whether the following statement are True or False with reason : When a transaction is not ... error is said to be an error of principle.

The demand for money, according to Keynes, is for - (1) speculative motive (2) transaction motive (3) precautionary motive (4) All the above motives

Description : The demand for money, according to Keynes, is for - (1) speculative motive (2) transaction motive (3) precautionary motive (4) All the above motives

Last Answer : (3) precautionary motive Explanation: According to Keynes, money is demanded because of three motives -transaction, precautionary and speculative. The first two motives provide yield of convenience ... third motive provides money yield. Keynes has termed demand for money as liquidity preference.

The demand for money, according to Keynes, is for (1) speculative motive (2) transaction motive (3) precautionary motive (4) All the above motives

Description : The demand for money, according to Keynes, is for (1) speculative motive (2) transaction motive (3) precautionary motive (4) All the above motives

Last Answer : precautionary motive

Explain the concept with the help of the following points: 

Description : Explain the concept with the help of the following points: 

Last Answer : Explain the concept with the help of the following points: (a) Origin of Egypt (b) Yellow River (c) Fluted core technique

Disaster is more of an anthropocentric concept. 

Description : Disaster is more of an anthropocentric concept. 

Last Answer : Identify the correct correlation: A - Disaster is more of an anthropocentric concept. R - A hazard ... but R is not the correct explanation of A.

A/an …………… is every Promise and every set of promises , forming consideration for each other (a) Offer (b) Agreement (c) Acceptance (d) Transaction

Description : A/an …………… is every Promise and every set of promises , forming consideration for each other (a) Offer (b) Agreement (c) Acceptance (d) Transaction

Last Answer : (b) Agreement

(i) A system of book-keeping which records only one aspect of business transactions and ignores other aspects.

Description : (i) A system of book-keeping which records only one aspect of business transactions and ignores other aspects.

Last Answer : Write a word, term, or phrase which can substitute each of the following statements : (i ... approximate or estimated values as on a particular date.

Do massage schools also provide training for the business aspects of massage therapy?

Description : Do massage schools also provide training for the business aspects of massage therapy?

Last Answer : Most, though not all, massage schools will at least touch on the business aspects of Massage Therapy. If you want to open your own massage business though, it may be better to also take separate business courses that go more in-depth.

The Legal Aspects of a Business Plan?

Description : The Legal Aspects of a Business Plan?

Last Answer : For anyone looking to start a new business, a proper business plan is essential to success. A business plan spells out the fundamental goals for the company and the methods by which they will be ... along the way. By developing a sound business plan, a company can maximize its potential for success.

The auditor's understanding of the entity and its environment consists an understanding of the following aspects: a. Industry, regulatory and other external factors, including the applicable financial reporting framework b. Nature of the entity, including the entity's selection and application of accounting policies c. Objectives and strategies and the related business risks that may result in a material misstatement of the financial statements d. All of these.

Description : The auditor's understanding of the entity and its environment consists an understanding of the following aspects: a. Industry, regulatory and other external factors, including the applicable financial reporting ... may result in a material misstatement of the financial statements d. All of these.

Last Answer : All of these.