A ____________ liability is an uncertain liability.
(a) Long term
(b) Contingent
(c) Current
(d) Fixed
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i. _______ clause contains the details of liability of the members. (a) Name (b) Liability (c) Object
i. (b) Liability ii. (c) Capital iii. (a) Articles of Association iv. (a) members v. (b) Prospectus vi. (b) Shelf vii. (a) Red Herring Prospectus
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Contingent functions of money
Correct option (4) a, b, c, d
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(i) The term ‘____________’ means a progressive series of changes that occur as a result of maturation and experience.
(i) (A) Human Development (ii) (B) Growth (iii) (B) Developmental (iv) (B) 238 (v) (B) fetal
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When current ratio is 2 : 5 and the amount of current liability is Rs. 25,000, what is the amount of current assets ?
Correct option is: (C) 10,000
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An iron rod 0.2 m long, 10 mm in diameter and of permeability 1000 is placed inside a long soleniod wound with 300 turns per meter. If a current of 0.
Correct Answer - `0.2325 Am^(-1)`
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Expenditure incurred on purchase of fixed asset is ____________
Correct option is (b) Capital Expenditure
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Revenue expenditure is ____________ in nature. (a) capital (b) outstanding (c) recurring (d) contingent
Correct option is (c) recurring
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According to ____________ concept business shall go on for a long time.
Correct option is (a) going concerned
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Contingent liabilities can also be called doubtful liabilities.
This statement is True. The contingent liabilities are the liabilities whose occurrence depends upon the happening of a certain event that may or may not take place. So a contingent liabilities...
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In fixed instalment system the amount of depreciation is ____________ every year.
Correct option is (a) constant
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