Financial Accounting | Study Mode

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Question 1
A
exports exceed imports
B
visible exports exceed invisible import
C
invisible exports exceed visible exports
D
imports and exports are equal
Explanation

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Correct option: B
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Question 2
A
department store
B
multiple store
C
supermarket
D
hypermarket
Explanation

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Correct option: B
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Question 3
A
25.0ms-1
B
9.0ms-1
C
2.5ms-1
D
1.0ms-1
Explanation
Ft = M(v - u)

v - u = \(\frac{15 \times 5}{0.5} = 10N\)

Correct option: C
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Question 4
A
sales day book
B
cash book
C
purchase day book
D
general journal
Explanation

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Correct option: B
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Question 5
A
selling price
B
cost price
C
cost plus residual value
D
net book value
Explanation

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Correct option: B
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Question 6
A
based on activeness of a partner
B
based on capital contribution
C
on patronage basis
D
on equal basis
Explanation

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Correct option: D
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Question 7
A
current liability
B
current asset
C
fixed asset
D
long term liability
Explanation

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Correct option: A
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Question 8
A
depletion
B
depression
C
amortization
D
appreciation
Explanation

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Correct option: C
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Question 9
A
wages of operators
B
factory power
C
advertising
D
cost of raw materials
Explanation

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Correct option: C
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Question 10
A
area or space occupied
B
equuality
C
turnover
D
purchases
Explanation

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Correct option: A

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