Description : Which is the ‘basis for determining the national income? -General Knowledge
Last Answer : The answer is 'Production of goods and services'
Description : Which is the ‘basis for determining the national income? -Do You Know?
Last Answer : answer:
Description : The basis of determining dearness allowance to employees in India is - (1) National Income (2) Consumer Price Index (3) Standard of Living (4) Inflation Rate
Last Answer : (2) Consumer Price Index Explanation: The Consumer Price Index Numbers for Industrial Workers CPI (1W) is utilized for fixation and revision of wages and determination of variable Dearness ... utilized as an indicator for measuring inflationary trend in the country and for policy formulations.
Description : The basis of determining dearness allowance to employees in India is _______ (1) National Income (2) Consumer Price Index (3) Standard of Living (4) Inflation Rate
Last Answer : Consumer Price Index
Description : Which of the following is least likely the basis of determining audit fees? a. The skill and knowledge required for the type of work involved. b. The degree of responsibility and urgency that the ... the engagement. d. The required level of training and experience of the person engaged on the work.
Last Answer : The expected outcome of the engagement
Description : Is an eye for an eye a good basis for determining appropriate punishment?
Last Answer : Need answer
Description : Comparing energy consumption to the set target on a regular basis is called as _____. a]Reporting c] Determining b] Recording d] monitoring
Last Answer : monitoring
Description : Test planning has which of the following major tasks? i. Determining the scope and risks, and identifying the objectives of testing. ii. Determining the test approach (techniques, test items, coverage, identifying and ... are true and iii, iv are false d) ii, iii, iv are true and i is false
Last Answer : c) ii , iii are true and i is false
Description : "he national income consists of a collection of goods and services reduced to common basis by being measured in terms of money,"— Who says this? (1) Samuelson (2) Kuznets (3) Hicks (4) Pigou
Last Answer : (3) Hicks Explanation: British economist John Hicks said that National income is a collection of goods and services reduced to a common basis by being measured in terms of money. Hicks ... macroeconomics. His book Value and Capital (1939) significantly extended general-equilibrium and value theory.
Description : Which of the following economic concepts is categorised on the basis of Current Account or Capital Account or both? A. Balance of Payments B. Value of the food grain stock of a country C. Gross National Product D. Gross National Income(GNI) E. Total collection of Direct Taxes in a year
Last Answer : A. Balance of Payments Explanation: A Balance of payments statements is a summary of a nation‘s total economic transactions undertaken on international account. It is usually composed of two sections :-
Description : “The national income consists of a collection of goods and services reduced to common basis by being measured in terms of money.”–– Who says this ? (1) Samuelson (2) Kuznets (3) Hicks (4) Pigou
Last Answer : Hicks
Description : What types of income are considered when determining eligibility for senior low income housing?
Last Answer : When determining eligibility for senior low income housing, if the applicant is retired, income considered includes pensions and social security.
Description : While determining income the expenditure on which of the following items is not considered as investment? (1) Construction of factory (2) Computer (3) Increase in the stock of unsold articles (4) Stock and share in joint stock company
Last Answer : (3) Increase in the stock of unsold articles Explanation: The gross national product is the sum total of all final goods and services produced by the people of one country in one year. The GNP is a ... net exports (Xn). Increase in the stock of unsold articles do not come under any of these heads.
Description : In "auditing" accounting data, the auditor is concerned with a. Analyzing the financial information to be sure that it complied with government requirement. b. Determining if fraud has ... that occurred during the accounting period. d. Determining if taxable income has been calculated correctly
Last Answer : economic events that occurred during the accounting period.
Description : While determining income the expenditure on which of the following items is not considered as investment ? (1) Construction of factory (2) Computer (3) Increase in the stock of unsold articles (4) Stock and share in joint stock company
Last Answer : Increase in the stock of unsold articles
Description : Which of the following is part of Porter's Diamond for determining national advantages? A. Climatic Conditions B. Demand Conditions C. All the above D. None of the above
Last Answer : Demand Conditions
Description : Which of the following is part of Porter's Diamond for determining national advantages? A. Factor Conditions B. Supporting Industries C. All the above D. None of the above
Last Answer : All the above
Description : National AQI published by Central Pollution Control Board (CPCB) considers concentration of how many pollutants for determining the index: a. Five b. Eight c. Six d. Twelve
Last Answer : b. Eight
Description : Hi, I need to list accounts that are not recognized for tax purposes during the transformation, thank you in advance for your answer.
Last Answer : Need Answer
Description : I am starting Mr. Leons of Hair Design and I need a laptop for school. But I am on a limited income basis. Was wondering about getting help with a laptop>?
Last Answer : Unfortunately, there are currently no programs to assist you in the purchase of a laptop, if you should need one for Mr. Leons of Hair Design. However, www.ebay.com and www.Amazon.com both offer inexpensive used laptops for sale.
Description : Income and expenses for the year 2012 are- Fee Received in Cash - Rs.24,000 Accrued Fee - Rs.6,000 Rent for Chamber Paid - Rs.6,000 Outstanding Rent - Rs.2,000 Salary Paid to Staff - Rs.6,000 Miscellaneous Expenses Paid - Rs. ... basis ? (A) Rs. 11,800 (B) Rs. 13,200 (C) Rs. 16,800 (D) Rs. 30,000
Last Answer : Answer: Rs. 13,200
Description : Which of the following types of auditing is performed most commonly by CPA's on a contractual basis? a. Internal auditing b. Income tax auditing c. External auditing d. Government auditing
Last Answer : External auditing
Description : Depreciation (A) Costs (on annual basis) are constant when the straight line method is used for its determination (B) Is the unavoidable loss in the value of the plant, equipment and materials with lapse in time ... income tax liability on cash flows from an investment (D) All (A), (B) and (C)
Last Answer : (D) All (A), (B) and (C)
Description : Which of the following reports can be used to diagnose problems on a product by-product basis? a. stock market summary c. cash flow statement b. income statement d. balance sheet
Last Answer : b. income statement
Description : Consistency with reference to application of accounting procedures means a) All companies in the same Industry should use identical accounting procedures b) Income & assets have not been overstated c ... uniform basis year after year d) Any accounting method can be followed as per convenience
Last Answer : c)Accounting methods & procedures shall be followed uniform basis year after year
Description : Goodwill arising on amalgamation is to be A. Retained in the books of the transferee company B. Amortised to income on a systematic basis normally five years C. Adjusted against reserves or profit and loss account balance D. All of the above
Last Answer : B. Amortised to income on a systematic basis normally five years
Description : ICDS-3 recognises income on: a) Estimated basis b) Valuation basis c) Percentage of completion basis d) All of the above
Last Answer : c) Percentage of completion basis
Description : Marketers of Procter & Gamble products define markets on the basis of both volume usage of the product and annual family income. This is an example of which market segmentation approach? A)homogeneous B)multisegement C)variable D)benefit E)multivariable
Last Answer : E)multivariable
Description : Why is the Gross National Income always more than Net National Income? -General Knowledge
Last Answer : The answer is 'Direct taxes'
Description : By whom was the first estimate of national income in India made? -General Knowledge
Last Answer : The answer is 'Dadabhai Naoroji'
Description : From which sector is the largest contribution in India’s National Income? -General Knowledge
Last Answer : The answer is 'Tertiary sector'
Description : What was the basis for constituting the Constituent Assembly of India? (1) The Resolution of the Indian National Congress (2) The Cabinet Mission Plan, 1946 (3) The Indian Independence Act, 1947 (4) The resolutions of the Provincial/State Legislatures of the Dominion of India
Last Answer : (2) The Cabinet Mission Plan, 1946 Explanation: The Constituent Assembly of India was elected to write the Constitution of India. The Constituent Assembly was set up while India was still under British ... those provinces which came to form part of Pakistan, some of which are now within Bangladesh.
Description : Financial distribution between the Union and the State takes place on the basis of the recommendations of which one of the following? (1) The National Development Council (2) The Inter-State Council (3) The Planning Commission (4) The Finance Commission
Last Answer : (4) The Finance Commission Explanation: The Finance Commission is constituted by the President under article 280 of the Constitution, mainly to give its recommendations on distribution of tax revenues between the Union and the States and amongst the States themselves.
Description : Does the WTO come with its own institutional framework? A. No, the WTO depends on the relevant frameworks of national governments B. No, the WTO provides certain institutional arrangements ... Yes, the WTO provides a common institutional framework for the implementation of free trade agreements
Last Answer : D. Yes, the WTO provides a common institutional framework for the implementation of free trade agreements
Description : An appliance manufacturer that sells to large retail stores, wholesalers, and institutions would probably organise its marketing unit on the basis of A)subregions. B)national divisions. C)types of customers. D)functions.
Last Answer : C)types of customers.