Art & Commerce - First Paper
This paper contains 25 questions. All questions are compulsory. Each question carry 2 marks. Max. time to complete this paper is 30 minutes.
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E-mailadres *
Name of Student *
Father's *
Mobile No. *
1. Ethics  may  be defined  as: *
2. Need  Hierarchy theory  of  motivation  is  propouned  by: *
3. The leadership  style  which is based on consultions  with  his group  is  called: *
4. When  a leader  does  not interfere  with  the working of his  group  ,the leadership  style  is known  as: *
5. Principle  of   'Span  of Control  ' is concerned  with: *
6. Liquidity  ratios  are  used: *
7. In  case  of  an  unregistered  firm  a partner  can not: *
8. Revenue  is  generally recognized  as being  earned  at  the  point  of  time, when: *
9. Liability of partners for firm’s debt is: *
10. The  convention  of conservatism  implies  that:           *
11. Going  concern  assumption  of  accounting  is   also  known  as: *
12. The accounting convention of matching means: *
13. Break  even , means: *
14. Goodwill  is  a : *
15. Which  of  the  following  is  a current  liability? *
16. 'Garner Vs Murray' relates to: *
17. Intangible  assets  usually  fail in  the  category of: *
18. The balance –sheet is only: *
19. Teeming and lading relates to: *
20. Acid test ratio is: *
21. Which  one of  the following  is  shown  first  when  the  assets  are  arranged  in  the  of  their  liquidity? *
22. If  earning  price (EP)  ratio  is  0.05  and  and   Earnings  per  share  is  Rs.8,  the  market  price  of  share= : *
23. Span  of  management  refers  to: *
24. MBO  refers  to: *
25. Who   introduced  the  concept  of  MBO? *
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