Financial Accounting& Commerce | Study Mode

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Question 41
A
inspect goods in the ships
B
lmport goods by ships
C
Collect duties
D
Load and unload ships
Explanation

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Correct option: B
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Question 42
A
Order goods from a particular manufacturer
B
Order goods from any manufacturer
C
sell goods in any form
D
Sell goods to a certain firm
Explanation

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Correct option: A
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Question 43
A
margin
B
markup
C
gain percentage
D
gross profit
Explanation

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Correct option: B
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Question 44
A
employ anyone he likes
B
seek advice from any source
C
take quick decision
D
Plough all the profit into the business
Explanation

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Correct option: C
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Question 45
A
Creditors
B
Debtor
C
Director
D
Shareholder
Explanation

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Correct option: A
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Question 46
A
Bankrupt
B
Solvent
C
Highly geared
D
ln a strong position
Explanation

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Correct option: A
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Question 47
A
Issue of shares to the directors of company on favourable firms
B
issue of shares of a company only to the founders of the company
C
Right of shareholders to vote on any issue
D
Issue of shares to shareholders on favourable terms
Explanation

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Correct option: B
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Question 48
A
ex- dividend
B
un-dividend
C
bond
D
Stock
Explanation

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Correct option: A
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Question 49
A
Imported into the country
B
manufactured within the country
C
exported to other countries
D
Kept in bonded warehouse.
Explanation

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Correct option: D
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Question 50
A
subrogation
B
contribution
C
re-insurance
D
indemnity
Explanation

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Correct option: B

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