Pra Ma 1
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- Words: 216
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LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Correct Answer 400 units Your Answer
400 units
Multiple Choice Single Answer Question Two manufacturing companies which have the following operating details decide to merge : Company 1 : Capacity utilization 90%; sales Rs.540 lakhs; variable costs Rs.396 lakhs and fixed costs Rs.80 lakhs. Company 2 : Capacity utilization 60%; sales Rs.300 lakhs; variable costs Rs.225 lakhs and fixed costs Rs.50 lakhs. Calculate the sales turnover of the merged plant to earn a profit of Rs.75 lakhs. Correct Answer Rs.791.20 lakhs Your Answer
Rs.791.20 lakhs
True/False Question
Compound journal entry avoids duplication of effort.
Correct Answer True Your Answer
True
Select The Blank Question Crane expenses should be apportioned on the basis of ________. Correct Answer Number of hours crane worked in the department Your Answer
Number of hours crane worked in the department
Multiple Choice Multiple Answer Question These are the methods of measuring labour turnover :Correct Answer Replacement Method , Separation Method , Flux Method Your Answer
Replacement Method , Separation Method , Flux Method
True/False Question
Depreciation, interest and property tax continue even when the operations are discontinued. Correct Answer True Your Answer
True
Multiple Choice Multiple Answer Question Items debited to Profit & Loss Account are :Correct Answer Salary , Discount allowed , Postage & telegram
Correct Answer 400 units Your Answer
400 units
Multiple Choice Single Answer Question Two manufacturing companies which have the following operating details decide to merge : Company 1 : Capacity utilization 90%; sales Rs.540 lakhs; variable costs Rs.396 lakhs and fixed costs Rs.80 lakhs. Company 2 : Capacity utilization 60%; sales Rs.300 lakhs; variable costs Rs.225 lakhs and fixed costs Rs.50 lakhs. Calculate the sales turnover of the merged plant to earn a profit of Rs.75 lakhs. Correct Answer Rs.791.20 lakhs Your Answer
Rs.791.20 lakhs
True/False Question
Compound journal entry avoids duplication of effort.
Correct Answer True Your Answer
True
Select The Blank Question Crane expenses should be apportioned on the basis of ________. Correct Answer Number of hours crane worked in the department Your Answer
Number of hours crane worked in the department
Multiple Choice Multiple Answer Question These are the methods of measuring labour turnover :Correct Answer Replacement Method , Separation Method , Flux Method Your Answer
Replacement Method , Separation Method , Flux Method
True/False Question
Depreciation, interest and property tax continue even when the operations are discontinued. Correct Answer True Your Answer
True
Multiple Choice Multiple Answer Question Items debited to Profit & Loss Account are :Correct Answer Salary , Discount allowed , Postage & telegram
