This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 5751. |
10,000 paid as wages for renovations of a cycle shed should be debited to(1) Wages A/c(2)Repair A/c(3)Cash A/c(4) cycle shed A/c |
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Answer» (1)wages a/c |
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| 5752. |
Sale of good to mohan on credit should be credited to(1) mahon A/c(2)sales A/c(3) Cash A/c(4)Goods A/c |
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Answer» ✊✊Hey mate✊✊ |
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| 5753. |
In firms cash flow statements which one would appear as a cash outflow |
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Answer» The right answer is the most DIFFICULT subject answer me in firms cash FLOW statements which ONE would appear as a cash outflow is the right answer hai |
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| 5754. |
Wffects on purchasing power of a customer due to discount |
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Answer» If DISCOUNT is ALLOWED by firm to the consumer then PURCHASING POWER rises and vice versa |
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| 5755. |
How to calculate monthly interest on home loan with fixed interest? |
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Answer» For EXAMPLE, a customer would usually pay interest to borrow from a bank, so they pay the bank an amount which is more than the amount they borrowed; or a customer may earn interest on their savings, and so they may withdraw more than they originally deposited. In the case of savings, the customer is the lender, and the bank plays the role of the borrower. |
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| 5756. |
Salary paid 5000 was debited to employee's personal account |
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Answer» HEY... RECTIFY THIS ERROR:- TO CASH AC CR. HOPE HELPING 4 U... |
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| 5757. |
Heya user✌️Define- RebateEntity |
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Answer» Rebate : Rebate can be DEFINED as a CONCESSION or off or discount on any THING specially fee |
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| 5759. |
three column cash book sold goods to Ramesh rupees 8000 and received cash rupees 7, 800 and solid discount 200. 2 withdrawn cash from Bank for office use rupees 2000 and personal use 800 |
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Answer» The Present Value of an entity can be defined as the present worth of a prospective amount of money or a stream of cash flows with a specified return rate. The Present Value is conversely related to the discount rate. Thus, a higher discount rate IMPLIES a lower present value and vice versa. Accurate determination of cash flows is, therefore, the KEY to appropriately valuing future cash flows, be it earnings or obligations. |
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| 5760. |
Difference of balance sheets between sole proprietorship and partnership |
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Answer» In financial ACCOUNTING, a balance sheet or statement of financial POSITION is a summary of the financial balances of an individual or ORGANIZATION, whether it be a sole proprietorship, a business partnership, a corporation, PRIVATE limited company or other organization such as Government or not-for-profit entity. Assets, liabilities and ownership equity are listed as of a specific date, such as the end of its financial year. A balance sheet is often described as a "snapshot of a company's financial condition".[1] Of the four basic financial statements, the balance sheet is the only statement which applies to a single POINT in time of a business' calendar year. |
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| 5761. |
A person purchased a laptop for rs 30000 by raising loan from the bank at 12 percent on simple rate of interest payable in 2 years as weekly payment what is the weekly installment would be |
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Answer» 30000+12 -22* :gjdjjdjfj |
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| 5762. |
An amount of mony grows upto rs 4850 in 2 years and upto rs 5335 in 3 years on compound interest the yearly rate of interest is |
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Answer» Mathematics of Finance by PAUL M. HUMMEL, Ph. D. Professor of Statistics and Commercial Mathematics University of Alabama and CHARLES L. SEEBECK, Jr., Ph. D. Associate Professor of Mathematics University of Alabama CHECKED First Edition Fifth Impression NE1V YORK TORONTO LONDON McGR AW-HILL BOOK COMPANY, INC. 1948 MATHEMATICS OF FIXAXCE CoPTRIGHT, 194S, BT THE McGnAIV-HlL'L BOOK COMPANY, I N‘C. PRINTED IN THE United States of America. All rights reserved. This book, or parts thereof, may not be reproduced in any form vrithout permission of the publisher THE MAPLE PRESS COMPAJCY, TORE, PA, PREFACE Perhaps no course in mathematics has grown in popularity more rapidly than the mathematics of finance. This course was introduced in the United States less than fifty years ago, and yet at the present time it is required for students in nearly all collegiate schools of • business and is elected by many in other colleges. Because of this increased popularity one would expect constant improvements in techniques and teaching methods. In the opinion of the authors, however, the presentation in most modern books differs very little from that of earlier texts. This is particu- larly true of the treatment of general annuities, for example, where the traditional presentation is almost invariably followed. EXPERIENCE in teaching the course many times has firmly convinced the authors that many of the most effective techniques are either passed over lightly or OMITTED entirely in existing texts. The concept of an equation of equivalence is an example. It is so fundamental that the student understand the properties and uses of an equation of equivalence that the authors have devoted a short chapter to this topic, including the proofs of several of the obvious properties. Throughout the text, extensive use is made of the time diagram as an aid in writing an appropriate equation of equivalence. It is difficult to OVEREMPHASIZE the importance of this “visual aid” in setting up problems. Tins book differs widely from existing texts in the treatment of general annuities. The development given here has been used in the classroom for the past eight years with gratifying success. Thus it is not an untried innovation. Moreover, many of the advantages of this treatment carry over to perpetuities. The authors have purposely omitted a chapter on building and loan associations since they differ so widely in practice and since a thorough knowledge of interest and annuities is sufficient to solve any problem arising in this field. A brief chapter on life insurance has been included for those VI PREFACE who wish to teach the bare fundamentals of this important topic. It is the feeling of the authors that the theory of life insurance should be a course in itself, so that at most onk' a brief introduction can be included in a course in the mathematics of finance. The chapter on approximating methods has been included mainl} 1 - for the benefit of new teachers and the more mature students. Although the proof of some of the formulas requires application of the calculus, the proper use of these formulas can be taught to elementary students. Much of the material in this chapter is not found elsewhere. Normally, all the material in this book cannot be covered in one course. In those schools where the course is required and presupposes only college algebra, a five-quarter or three-semester- liour course should include practically all the material in the first nine chapters. Most of the starred sections should be omitted in such a course. For a similar course given to more mature stu- dents, the first nine chapters (including many of the starred sec- tions) should be augmented bj' ADDITIONAL topics from Chaps. X, XI, and perhaps XII. A short course should cover at least most of the material in Chaps. I, II, III, IV, and VII and selected topics from Chaps. V, VI, VIII, and IX. |
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| 5763. |
राजस्थान का प्राचीनत्तम शिलालेख कौनसा है?A: बडली का शिलालेख B: नगरी का शिलालेखC: मानमोरी का शिलालेखD: इनमें से कोई नहीं |
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Answer» HEYA.. Here is your ANSWER... राजस्थान का प्राचीनत्तम शिलालेख कौनसा है? A: बडली का शिलालेख It MAY HELP you...☺☺ |
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| 5764. |
कर्नल जेम्स टॉड़ द्वारा समुद्र मे फेंका गया शिलालेख कौनसा था ?A: मंडोर का शिलालेखB: मानमोरी का शिलालेख C: कणसवा का शिलालेखD: घोसुन्डा का शिलालेख |
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Answer» Heya... |
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| 5765. |
किस प्रशस्ति मे बाप्पा और कालभोज को अलग-अलग व्यक्ति बताया गया है ?A: सिवाणा का लेखB: कीर्तिस्तंभ प्रशस्तिC: रणकपुर प्रशस्ति D: श्रृंगी श्रषि का लेख |
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Answer» ⭐️<============================>⭐️ किस प्रशस्ति मे बाप्पा और कालभोज को अलग-अलग व्यक्ति बताया गया है ? A: सिवाणा का लेख B: कीर्तिस्तंभ प्रशस्ति C: रणकपुर प्रशस्ति ✔ D: श्रृंगी श्रषि का लेख ☺ ✌✌✌ |
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| 5766. |
जूनागढ प्रशस्ति किसके द्वारा स्थापित की गई ?A: रायसिंह B: अनूप सिंहC: राव जैतसीD: कल्याण सिंह |
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Answer» ⭐️<============================>⭐️ जूनागढ प्रशस्ति किसके द्वारा स्थापित की गई ? A: रायसिंह ✔ B: अनूप सिंह C: राव जैतसी D: कल्याण सिंह so A is a CORRECT OPTION ☺ ✌✌✌ |
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| 5767. |
A loan of 10,000 was made on September 1 @ 6% per annum. No interest was paidtill December 31. The accrued interest will be(1) 150 (2) 200(3) 500 (4) T.600 |
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Answer» HEY.. → 150 |
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| 5768. |
What is boilerplate? |
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Answer» The BOILERPLATE are rolled in the STEEL plates for MAKING boilers. |
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| 5769. |
How can I get a basic understanding of cost accounting? |
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Answer» The BASIC ways which are used in the COST accounting are:- 1. Product costs. 2. Product LINE costs. 3. Employee costs. 4. SALES channel costs. 5. Customer costs. 6. Contract costs. 7. Cost REDUCTION analysis. 8. Constraint analysis. |
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| 5770. |
Seventeen years ago I earned an accounting degree. How should I proceed to become a CPA? |
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Answer» A certified public accountant, or CPA, is a person who has passed the very DIFFICULT CPA EXAM and has been licensed by one of the 50 U.S. states (or one of five other jurisdictions). The CPA's license is RENEWED if the state's requirements continue to be met including continuing PROFESSIONAL education credits. |
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| 5771. |
What is an outside accountant? |
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Answer» ______✨ HEY MATE ✨______ |
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| 5772. |
What are the merits of ledger |
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Answer» Importance And Utility Of Ledger Accounts. ... Ledger account helps to prepare a trial balance in order to CHECK the arithmetical ACCURACY of the recording of the financial transactions of the business. 4. Ledgeraccount helps to prepare PROFIT and loss account so as to ascertain the profit or loss of the business. |
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| 5773. |
Can I take the CPA Exam with a bachelor's degree? |
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Answer» HEY.... S U CAN PARTICIPATE IN THIS EXAM. WITH BACHELOR DEGREE.... |
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| 5774. |
What are some of the accounting courses in a college accounting degree? |
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Answer» It mostly depends on the kind of UNIVERSITY you are in but you MAY have Financial Accounting, Managerial Accounting, Taxation, AUDITING, an Introduction also. You also have to study LAW but not as MUCH as Political Science :) I hope this helps. |
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| 5775. |
What GPA is needed to be hired by a CPA firm? |
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Answer» USUALLY there is no single GPA. hope it MAY HELP you |
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| 5776. |
Can I take the CPA exam without having a bachelor degree? |
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Answer» No, because a SPECIFIC number of UNITS is REQUIRED in order to take such EXAM. |
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| 5777. |
Where can I find free CPA exam questions? |
| Answer» | |
| 5778. |
What is the normal balance of the direct materials variance accounts? |
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Answer» If the ACTUAL price PER unit of direct materials is more than the standard cost per unit, the DIFFERENCE will be entered as a DEBIT into the account Direct Materials Price VARIANCE. If the actual price per unit of direct materials is less than the standard cost per unit, the difference will be entered as a creditinto the price variance account. |
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| 5779. |
Is there a relationship between direct materials variances and direct labor variances? |
| Answer» LET's assume that a lower costing material is purchased in order to ACHIEVE a favorable materials PRICE variance. If the materials have some negative attributes, it is possible that an unfavorable materials usage variance could result. If the materials' attributes cause ADDITIONAL LABOR hours, then an unfavorable direct labor efficiency variance will result. If the materials required more experienced labor, it is possible that a labor rate variance will also occur. | |
| 5780. |
Sold goods costing rupees 2,000 for Rs 2,800 on credit prepare journal entry |
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Answer» DEBTORS a/c DR 2800 to SALES a/c 2800 |
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| 5781. |
Why do manufacturers use standard costs? |
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Answer» Explanation: Water pollution is the contamination of water bodies, usually as a result of human activities. Water bodies include for example lakes, rivers, oceans, aquifers and groundwater. ... For example, RELEASING INADEQUATELY treated wastewater into natural water bodies can LEAD to degradation of aquatic ECOSYSTEMS. |
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| 5782. |
What does the direct labor efficiency variance tell us? |
Answer» hey mate your answer is here.........Direct Labor Efficiency Variance is the measure of DIFFERENCE between the STANDARD cost of ACTUAL number of direct labor hours utilized during a period and the standard hours of direct labor for the LEVEL of output achieved.hope it will help you please mark the answer as BRAINLIST and don't forget to follow me for such type of answers......... |
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| 5783. |
What is the materials usage variance? |
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Answer» The MATERIALS USAGE VARIANCE is the usage of materials according to needs and ASPIRATIONS |
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| 5784. |
In standard costing, how is the purchase price variance reclassified to arrive at actual cost? |
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Answer» In standard costing, the PURCHASE PRICE variance reclassified to ARRIVE at actual cost is MENTALITY BESTOWED |
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| 5785. |
Plz give a 15 lines conclusion on various treatment of bill of exchange. |
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Answer» Light detectors are one of the most popular sensor and they are COMMONLY found in many real-world applications. They are widely used by electronic hobbyists and projects because they are practical and intriguing yet surprising easy to construct. This instructable will guide and show you how easy it is to breadboard your own light activated Light Emitting Diode (LED) with MINIMAL tools and MATERIALS. The WHOLE project is SIMPLE enough for beginners and should take at most 10 minutes to construct. This implementation can be used for an educational demo or applied directly to the practical world. |
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| 5786. |
Isn't all overhead fixed? |
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Answer» If the actual price per UNIT of direct MATERIALS is more than the standard cost per unit, the difference will be entered as a debit into the account Direct Materials Price VARIANCE. If the actual price per unit of direct materials is LESS than the standard cost per unit, the difference will be entered as a creditinto the price variance account. |
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| 5787. |
Treatment of provision of bad debt in trail balance |
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Answer» HII FRIEND HERE IS YOUR ANSWER A business typically estimates the amount of bad debt based on historical experience, and charges this amount to expense with a DEBIT to the bad debt expense ACCOUNT (which appears in the income statement) and a credit to the provision for DOUBTFUL DEBTS account (which appears in the balance sheet). |
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| 5788. |
Why use normal costing instead of actual costing? |
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Answer» If the actual price per UNIT of direct materials is more than the STANDARD COST per unit, the difference will be entered as a DEBIT into the account Direct Materials Price Variance. If the actual price per unit of direct materials is LESS than the standard cost per unit, the difference will be entered as a creditinto the price variance account. |
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| 5789. |
Do I buy a new machine or use an old one? |
| Answer» ACCORDING to me BUYING a new ONE would be the best because it will have advanced FEATURES | |
| 5790. |
What is the compound interest for 2 years at 4% and 5% in successive year? |
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Answer» The concept of COMPOUND interest is that interest is added back to the PRINCIPAL SUM so that interest is earned on that added interest during the next compounding period. If you WOULD like more INFORMATION on what compound interest is, please see the article what is compound interest?. For now, let's look at the formula and go through an example |
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| 5791. |
Freight comes into which account? Trading account or profit and loss account??? |
| Answer» HEY FRIEND FRIEGHT COMES into TRADING a\c | |
| 5792. |
Why does the internal rate of return equate to a net present value of zero? |
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Answer» Internal rate of return (IRR) is the interest rate at which the net present VALUE of all the cash FLOWS (both POSITIVE and negative) from a project or INVESTMENT EQUAL zero. |
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| 5793. |
What is the payback reciprocal? |
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Answer» The payback RECIPROCAL is a CRUDE estimate of the rate of return for a project or investment. The payback reciprocal is computed by dividing the digit "1" by a project's paybackperiod EXPRESSED in years. For EXAMPLE, if a project's paybackperiod is 4 years, the payback reciprocal is 1 divided by 4 = 0.25 = 25%. |
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| 5794. |
Hi!!!!. Please answer fast....Is cash at bank current asset or fixed asset?. The correct answer will be marked as a brainliest answer |
| Answer» CASH is CURRENT ASSET.... | |
| 5795. |
What are some of the methods for evaluating capital expenditures? |
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Answer» HEY.. BALU GO TO WEBSITE :- IT HELPS U... . ACCOUNTING COACH + METHOD OF EVALUATING CAPITAL METHOD. IT HELPS YOU.. |
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| 5796. |
How do you reduce a company's break-even point? |
| Answer» 1) reducing the amount of fixed costs, 2) reducing the variable costs per unit—thereby INCREASING the unit's CONTRIBUTION margin, 3) improving the SALES MIX by selling a greater proportion of the products having larger contribution margins | |
| 5797. |
What is a static budget? |
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Answer» HEY |
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| 5798. |
What is depriciatioon |
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Answer» Depreciation is a METHOD of REALLOCATING the cost of a tangible ASSET over its useful LIFE span of it being in motion. |
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| 5799. |
What causes an increase in break-even point? |
| Answer» | |
| 5800. |
What is a dividend and why is it needed? |
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Answer» DIVIDEND is the number/value which is being DIVIDED. For EXAMPLE, Lets say you have 6 apples and you WANT to give it to 3 people. How many would you give to each person so that it is distributed evenly? You do the calculation as: 6 divided by 3 Here 6 is the Dividend. And 3 is the Divisor. If there are no apples can you divide it and give to anyone? Exactly. When there is no Dividend you can’t perform Division. |
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