Question
I am confused, please help with correct answers with explanations! Practical Question: ABC Ltd. has deals of 2,201.463 Complete fixed expense of 572.4914 Variable expense
I am confused, please help with correct answers with explanations!
Practical Question:
ABC Ltd. has deals of 2,201.463
Complete fixed expense of 572.4914
Variable expense of 1,542.6381
Crude material devoured of 1,917.4637
Number of units sold 22,000.
What will be the BEP in units) if crude material cost is diminished by 2% ?
McQ Questions:
(i). A reused vehicle is purchased for 2,00,174.4536 and sold at 1,40,194.3627 after two years. If depreciation is charged @ 10.3627% on SLM methodology, find the advantage or setback set apart down of the vehicle.
(a) 20,000 Loss
(b) 20,000 Profit
(c) 10,000 Loss
(d) 10,000 Profit
(ii). During the year 2011-2012, the benefit of shutting stock was exaggerated by ' 25,000. Which of coming up next is significant?
(a) The cost of things sold was exaggerated during 2011-2012 and pay will be downplayed during 2012-2013
(b) The pay was distorted during 2011-12 and shutting stock will be exaggerated during 2012-2013
(c) The held compensation was distorted during 2011-2012 and held advantage will be downplayed during 2012-2013
(d) The cost of things sold was downplayed during 2011-2012 in any case held compensation won't be influenced during 2012-2013
(iii). The entire payable to an individual as thought for the utilization of rights vested in him is
(a) Dividend
(b) Royalty
(c) Purchase thought
(d) Installment
(iv). Buildings account is blamed for an absolute towards fixes. This is a diagram of
(a) Error of commission
(b) Error of rule
(c) Error of aversion
(d) Compensating fumble
(v). The considered traditionalism will have the impact of
(a) Overstatement of Assets
(b) Understatement of Assets
(c) Overstatement of Liabilities
(d) Understatement of Liabilities
(vi). Which of the going with messes up is a blunder of oversight?
(a) Sale of ' 100 was recorded in the Purchases Journal
(b) Wages paid to Mohan have been charged to his record
(c) The out and out of the business diary has not been presented on the Sales Account
(d) Repairs to structures have been charged to structures account
(vii). Which of the going with authentications is/are real?
(a) Entering wrongly absolute in the aide book impacts the arrangement of the Trial Balance
(b) Undercasting or overcasting of an associate book is a model or blunder of commission
(c) Errors of rule don't affect the game-plan of Trial Balance
(d) Both (b) and (c) above
(viii). Which of coming up next is genuine?
(a) Error of projecting effects solitary records
(b) Omission of an exchange from an associate record impacts just one record
(c) Error of pass on forward impacts two records
(d) Error of rule fuses an erroneous piece of use or receipt among capital and pay
(ix). Which of the going with would cause a bumble in the Trial Balance?
(a) Omission of recording an exchange the associate book
(b) Compensating goofs
(c) Recording an entire which is extraordinarily astounding from the valid aggregate
(d) Wrong adding up to in an aide book
(x). Which of the going with frameworks is verifiably not a sensible procedure for perceiving pay?
(a) Delivery strategy
(b) Percentage-of-finish strategy
(c) Production strategy
(d) Moving normal system
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