Bissoy.com
Doctors Medicines MCQs Q&A

Related Questions

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph. P: The primary software tool used to do this is the spreadsheet. Spreadsheet language allows the financial modeller to reconstruct almost any cash flow or revenue stream. Q: A financial model tries to capture all the variables in a particular event. It then quantifies the variables and creates formulas around these variables. R: The model is usually characterised by performing calculations and makes recommendations based on that information. S: Financial modelling is the process by which a firm constructs a financial representation of some, or all, aspects of the firm or given security. 
A', 'B' and 'C' are partners in a partnership firm named A, B & C. 'A' retires from the firm without giving any public notice. Thereafter, an existing creditor lends Rs. ten lakh to the firm on the basis of his knowledge that 'A', 'B' and 'C' are the three partners in the firm. This amount remains unpaid by the firm. The creditor wants to recover the unpaid loan amount from the firm.
A, B and C are partners in a firm. C retires and X admitted as a new partner. The firm did not give a public notice on the change but continued its business in its old firm name. Z, a customer of the firm, deals with the firm after the change and the firm becomes indebted to him:
Which of the following statements are correct?
1. Analysis and interpretation of financial statements, is a function of accounting.
2. Profit and Loss account is prepared for ascertaining financial postition of a firm.
3. Goodwill is a wasting asset.
4. Balance Sheet is prepared for ascertaining financial position of a firm
Select the correct answer
Consider the following statements about the Financial emergency: 1. Article 360 empowers the president to proclaim a Financial Emergency. 2. Once approved by both the Houses of Parliament, the Financial Emergency continues for one year. 3. A resolution approving the proclamation of financial emergency can be passed by either House of Parliament only by a simple majority. Which of the statements given above is/are correct?
Which of the following statements with regard to financial emergency in India is/are correct?
1. It is required to be approved by both the Houses of the Parliament within one month.
2. Once approved by both the Houses of the Parliament, it remains valid for six months.
3. Salary of any government official including the Supreme Court judges can be reduced during financial emergency.
4. During financial emergency, the executive authority of the Union shall extend to the giving of directions to any State to observe such, canons of financial propriety as may be specified in the directions.
Select the correct answer:
Your firm is selling 1,000 units at a price of Rs. 10 per unit. The firm's total explicit cost is Rs. 8,000. The firm's implicit cost is Rs. 1,000 and the opportunity cost of your time in managing the firm is Rs. 1,000. In the above situation, which one of the following is true?
Which of the following category is NOT a right classification of the bills introduced in the Parliament? Ordinary bills, which are concerned with any matter other than financial subjects. Currency bills, which are concerned with the financial matters like taxation, public expenditure, etc. Financial bills, which are also concerned with financial matters ,also called as money bills. Constitution amendment bills, which are concerned with the amendment of the provisions of the Constitution.
Read the following statements.
1. Financial statements are only interim reports.
2. Financial statements are prepared on the basis of realisable values.
3. The preparation of financial statements is not an ultimate aim.
4. Certain assumptions are necessary to prepare financial statements.
Which of the following combinations consists of all true statements?
Consider the following statements regarding Financial Stability and Development Council (FSDC). 1. It focuses on financial literacy and financial inclusion. 2. RBI Governor is its chairman. 3. Heads of the financial sector regulatory authorities such as SEBI, IRDA, PFRDA are its members Which of the statement(s) given above is/are correct?