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Questions in business
[Free] Which of the following might be a source of income (check all that apply): a. paycheck from a job b. gift funds c. monthly allowance
[Free] The chart below shows a production possibility schedule for a pastry shop that makes $0.50 profit per donut and $0.75 profit per bagel. Which choice yields the largest profit? | Choice | Quantity of Donuts | Quantity of Bagels | |---|---|---| | A | 600 | 70 | | B | 500 | 140 | | C | 500 | 40 |
[Free] Which format is primarily used for product promotion? A. AIDA B. Memo C. Circulars D. Internal report What makes Instant Messaging (IM) effective for business communication? (Select all that apply) Select 2 correct answers: A. It allows for real-time interactions B. It is used for long, formal messages C. It encourages immediate responses D. It replaces all other forms of communication
[Free] P, Q, and R entered into a partnership on April 1, 2017, to share profits in the ratio of 2:1:1. It was provided in the deed that R's share of profit will not be less than ₹ 84,000 per annum. The loss for the year ended March 31, 2015, was ₹ 2,40,000 before allowing interest ₹ 10,800 on P's loan which is due for the current year. Prepare profit and loss appropriation account for the year ended March 31, 2018. Hint: (i) ₹ 2,40,000 + ₹ 10,800 will be distributed in 2:1:1. (ii) R's deficiency (₹ 84,000 + ₹ 62,700) will be borne by P and Q in 2:1.
[Free] Match the following digital marketing strategies and their meaning: Designed to drive more traffic to your website by members of your target audience. Can include videos, blog posts, infographics, and more. Involves using video to promote and market your product or service efficiently. A. Video marketing B. Search engine optimization C. Content marketing
[Free] Question 26: Our company signed a 90-day 10% note for $100,000. Using a 360-day year, what is the total interest due on the maturity date? A. $1,250.00 B. $1,562.50 C. $1,875.00 D. $2,500.00 Question 27: Our company has an account receivable for $12,500 that we have now deemed uncollectible. We use the direct write-off method. Which of the following accounts would we credit to record the write-off? A. Accounts Receivable B. Allowance for Doubtful Accounts C. Bad Debt Expense D. Cash
[Free] When is it appropriate to use email? A. For short, informal messages that request information B. For complaining to your coworkers about your current situation C. For urgent messages that need an immediate response D. For lengthy messages with detailed information
[Free] In the 1980s and before, the following two parameters were critical to competitiveness? A. Cost and innovation B. Quality and manufacturing excellence C. Customer responsiveness and scalability D. Responsiveness and reliability
[Free] Calculate minority interest and goodwill from the following: | Particulars | 'H' Ltd | |---|---| | Share capital of ₹ 10 each | | | H Ltd acquired 4/5 of share of S Ltd on 1/4/2012 | 10,00,000 | | Reserves on 1/4/2012 | 40,000 | | Profit on 1/4/2012 | 20,000 | | Total reserve on 31/3/2013 | 60,000 | | Total profit on 31/3/2013 | 30,000 |
[Free] 1. A firm develops an annual cash budget in order to a. Support the preparation of its cash flow statement for the annual report. b. Ascertain which capital expenditure projects are feasible and which capital expenditure projects should be deferred. c. Determine the opportunity costs of alternative sales and production strategies. d. Avoid the opportunity costs of noninvested excess cash and minimize the cost of interim financing. 2. According to John Maynard Keynes, the three major motives for holding cash are for a. Transactional, psychological, and social purposes. b. Speculative, fiduciary, and transactional purposes. c. Speculative, social, and precautionary purposes. d. Transactional, precautionary, and speculative purposes. 3. Which of the following actions would not be consistent with good management? a. Increased synchronization of cash flows. b. Minimize the use of float. c. Maintaining an average cash balance equal to that required as a compensating balance or that which minimizes total cost. d. Use of checks and drafts in disbursing funds. 4. Which of the following investments is not likely to be a proper investment for temporary idle cash? a. Initial public offering of an established profitable conglomerate. b. Commercial paper. c. Treasury bills. d. Treasury bonds due within one year. 5. A precautionary motive for holding excess cash is a. To enable a company to meet the cash demands from the normal flow of business activity. b. To enable a company to avail itself of a special inventory purchase before prices rise to higher levels. c. To enable a company to have cash to meet emergencies that may arise periodically. d. To avoid having to use the various types of lending arrangements available to cover projected cash deficits. 6. The following practices will impact the cash flow of the company: 1. Sales personnel are unequivocally responsible for collecting their credit sales. 2. Sales commission are based on collected invoices. 3. Statement of accounts receivable are reconciled with customers and regularly sent for confirmation. 4. Automatic transfer of funds is arranged with banks regarding deposits of branches.
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