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(i) tRNA reads the genetic codes, carries amino acids to the site of protein synthesis and act as an adaptor molecule. 

(ii) rRNA plays structural and catalytic role during translation.

d) Owners equity

The illustration represents adaptive radiation. 

Placental animals in Australia 

• A variety of placental mammals have evolved which appear similar to a corresponding marsupial.
• When more than one adaptive radiation appear to have occurred in an isolated geographical area (representing different habitats), and two or more groups of unrelated animals come to resemble each other for similar mode of life or habitat, it is called convergent evolution. For example, Australian marsupials, placental mammals.

Fixed assets and current assets are categorized as per concept of Going concern

c) The prudence concept

Correction concept the fundamental accounting concept

(d) Profit increases capital 

a) It is a list of balances on the books

c) Disclosure of all information which are important for investor

Good sold on credit Office fixtures sold not be called sales

Net profit is calculated in Profit & loss a/c

Interest , rent, electricity bill are types of account Nominal a/c

d. All of them

c) Accounting period

Debit all expenses and losses Credit all gains and income Nominal a/c

c) Accounting period

A book containing a chronological record of business transaction & original record Journal

b) Materiality 

A statement containing the various ledgers balances on particular date Trial balance

Information about an item is Material if its omission or misstatement might influence the financial decision of the users taken on the basis of that information

c) Classifying and recording business transaction

(b) Posting.

c) Objectivity Concept

Land example of Intangible Assets

d) Owner Equity

d) Accounting Concepts &Accounting Conventions

The correct option is (c).

Explanation:

Interest on Advance given to the Firm by Partners is a Charge. 

Depreciation expenses is a Capital Nature

b) The transactions which cannot be expressed in money, will not be recorded in accounting books

d) None of these

c) Owner’s equity

Depreciation is a charge against Profit

The value of the land is 800,000.

d) None of the above

d) All of the above

b) Capital Profit

The value of owner’s equity Rs.1030000

a) Rs.200, 000

b) Rs 80,000

c) Accounting principles

The value of Assets is 2,000,000

External sources of recruitment are considered better than internal sources due to following merits of external sources : 

1. Qualified personnel – External sources of recruitment attract qualified and trained people to apply for vacant jobs in the organisation. 

2. Wider choice – When an organisation adopts external sources of recruitment, it gets an opportunity to make selection among the large number of candidates. Thus, management has a wider choice. 

3. Fresh talent – When vacancies are advertised widely, a large number of applicants from outside the organisation apply. As a result, organisation gets fresh talents and new blood available outside the organisation. 

4. Competitive spirit – When an organisation uses external sources of recruitment, existing employees will have to compete with the outsiders. This promotes competitive spirit in the organisation.

The various dimensions of business environment which relate to the above me ntioned case are stated below: 

(a) Political Environment: Political environment includes political conditions such as general stability and peace in the country and specific attitudes that elected government representatives hold tow ards business. 

(b) Legal Environment: Legal environment includes various legislations pass ed by the Government administrative orders issued by government authorities, court judgments as well as the decisions rendered by various commissions and agencies at every level of the government centre, state or local. It is imperative for the management of every enterprise to obey the law of the land. 

(c) Technological Environment: Technological environment includes forces relating to scientific improvements and innovations which pr ovide new ways of producing goods and services and new methods and techniques of operating a business. 

1. Apprenticeship Training – Apprenticeship training is one of the on-the-job training methods. Under this method, trainees become apprentices in the organisation and get intensive job instructions for a prescribed period of time to become qualified for the job. During the apprenticeship period, a trainee is paid less than a fully qualified worker. 

2. Internship Training – Internship training refers to a joint programme of training in which technical institutes and business enterprises cooperate to train the students. It is virtually a practical training of the theoretical knowledge. Generally, training is a part of course of study of the student. During the period of training, no salary is given but a stipend is given to the trainees.

.(i) Apprenticeship Training
. Apprenticeship Training is a method of training in which the trainee is kept under guidance of a master worker for a prescribed period of time.
. It is designed to acquire a higher level of skill
. People who want to enter skilled trades e.g. plumbers & electricians are often required to undergo such programme.
(ii) Internship Training
. Internship Training is a joint programme of training between educational institutions and business firms.
. Besides carrying out regular studies, the trainees also work in some factory or office to acquire practical knowledge and skills.

Following are the factors that would affect fixed capital requirement of Pinnacle Ltd. : 

1. Diversification – If the company decides to diversify its existing business activities, it will require higher investment in fixed assets. 

2. Level of collaboration – If some business organisations share each other’s facilities, these organisations will require lesser fixed capital. If there is no collaboration, an organisation will require more fixed capital to run its business smoothly.

The various steps taken in the process of controlling before taking corrective actions are as follows: 

1. Establishment of standards – Standards represent desired performance. They state clearly as to what must be achieved during a specific period. To be useful, standards must be set in measurable terms. 

2. Measurement of performance – The actual performance of employees is measured and expressed in the same units as the planned targets or standards either through direct personal observation or through regular oral/written reports. Managers generally prefer periodic measurement of performance. 

3. Comparison of actual performance with the standard – Comparison of actual performance with the standard is undertaken to find out the extent of deviations.

4. Analyzing deviations – After ascertaining the deviation between actual results and targeted (standard) results, the next step is to identify the causes thereof. The deviations and causes are then reported so that corrective action may be taken at appropriate level.