COMPETITIVE POINT An institute for Commerce Student's, WBA&AS, SAAO & PAAO 1. He left .......the next station. a. to b. in for dat 2. He forget.......Sign his letter. a. of 5 b. in « to don 3, We were advice to live......Honest labour. a. For b. with © On din 4, The boy can run 2 Miles.....a stretch. a. at b. in © on d. for 5, Danger knows full well that Caesar is more dangerous than he a. preposition b. noun adverb 4, adjective Choose the nearest meaning (0.6-10) 6. Obnoxious a. Depressing b. Disgusting Arrogant 4. Filthy [Page 7. Deference a. Indifference b. sympathy respect: d. flattery 8. Abrogate a. repeal b. destroy delay 4d. dismiss 9. Inception a. initiative b. beginning Initial d. origin 10. Colossal a. famous b. vigorous c. energetic enormous 11. For his alleged involvement in esplo- nage he is under a cloud these days a. experiencing cloudy weather b. enjoying favorable luck under suspicion d. under observation 12. Those who work by fits and starts seldom show good results. a. rarely b. disinterestedly irregularly d. regularly13, He was all at sea when he began his new job happy puzzled sad triumphant bad at mathematic poor financial condition reason logically forget something 15, The effect to trace the culprit it was a wild goose chase ‘fruitful hunting futile search ideal seeking genuine effort Choose the opposite meaning (016-20) 16, Dense a. scarce b. sparse slim d. lean 17. Fetter a. restore b. liberate . exonerate d. distract 418, Reluctantly a. pleasingly b. willingly happily d. sadness 19, lament 21Page rejoice cry complain smile 20. Altercation a. explanation b. Challenge compromise d. opposition 21. Aseller of cake- a. confectioner b. confontioner . osterpath d. sonnet 22. A person of outgoing nature known as a. terminally b. extrovert soliloquy d. none of above 23. One who does not believe in God a. thelst b. agnostic pagan d. atheist 24. Rich covering carried over a priest in procession a. synod b. canopy © cleray d. culprit 25. Act of killing himself a. suicide b. regicide <. homicide d. none,26, We have not had.....news from our agent a. some b. any © 10 d. none 27. You.....fly to dover- there is not an airport a. may b. can c.-may not d. cannot 28, He had a great love for animals a. hatred b. fear affection d. none of the above 29, The lioness has give birth to a a. kid b. calf © cub d. kitten 30. The match...to a stand still very soon a. came b. sent brought d. ended 31. Itis.....arthur road aan boa the d. noarticle needed 32, Select the correct meaning of explanation “at sea”. 31Page baffle very excited very happy very sed 33. Fill in the blank with appropriate collective noun a.....of fish a. litter b. brood swarm d._ shoal 34, Anil said to Sachin,” Go away" ‘a. anil order Sachin to go away b. anil commanded Sachin to go away . aorb both none of above 35, Mary said," let's go on a diet" a, Mary suggested that they should goonadiet Mary suggested that she will go on adiet Mary suggests that we go on a diet Mary advised that we going on a diet. 36. | cannot understand what you say a. make after b. made after make out d. made up 37. The children remove the cover of the packet a. pulled off b. pulled in pulled up d. pulled on38, She looks much sickly a. run down b. run after © runat d. runaway 39, The word "smart" also means a. tofeel a sharp pain part of body b, tostarta loud quarrel with neighbors cto others love and blessings to go ona long drive 40. Fill in the blanks with correct Word.....take sugar in tea? a. Isnotit b. donot you <. doyou d._ are not you 41. Choose the correct alternative to complete the sentence the teacher asked me what is your name? what was my name? what your name is? what my name was? 42, Select the PREFIX that would give the opposite word RELIGIOUS aun be it cde d. to 43. Choose the correct word in the blanks the television serial proved...... Living for many people a. vibrant b. vain Vicarious alPage d._ vivacious 44. Down went the "Roval George” 2. adjective b. adverb © noun d. verb 45. The roaring sound of the.......Strong, frightened us a. haul b. howl Hail . hale 46, The dog should be put on a......when he is taken for a walk a. leash b. lease leech d. latch 47. Birds of a feather.....(choose the right alternative to complete the idiom) a. club together b. fly together flee together d. flock together 48, “Unkempt" means a. unsheltered b. uneasy untidy d. unjust 49. Which of the following is correct in its use of preposition? a. a bad workman always quarrels with his tools b. a bad workman always quarrels for his tools.abad workman always quarrels about his tools d._abad workman always world within his tools 50. Find out the correct sentence a. itis one of the most popular car of the world b._ itis one of the most popular car in the world ¢._ it is one of those car in the world d._ it is most popular car of the world 51. When is the International Yoga Day celebrated? i a. June 21 b. March 22 April 22 d. May31. 52. The first Indian State to go wholly organic is - a. Meghalaya b. Sikkim: Manipur d. Kerala 53, Prime Minister Narendra Modi launched "Swachha Bharat Mission’ officially on - a. Independence Day b. Republic Day . Gandhi Jayanti d. Environment Day 54, Who among the following is regarded as the leader of Chipko Movement"? a. Medha Patkar b. Baba Amte ¢. Sundarlal Bahuguna d. Kiran Bedi SiPage 55. Who chaired the National Investment and Infrastructure Fund governing council? a. Anurag Thakur b. Nirmala Sitharaman c. MR Mehta 4. Vaibhav Mehra 56. Which word has been declared as word of the year 2019 by Oxford university? a. Climatic Change b. Create Havoc ¢. Climate Change d. Climate Emergency. 57. Which state has achieved the highest road length in the country according to PMGsy 20197 a. Rajasthan b. Jammu & Kashmir ¢. Madhya Pradesh d. Arunachal Pradesh 58. Who will be the chief guest at India’s 2020 Republic Day? a. Pakistan b. South Africa ¢. Emmanuel Macron d. Jair Bolsonaro 59. Who among the following is proposed to become Governor Of Sri Lanka Province? a. Madhimalar Ramamurthy b. Tissa Vitharana ¢. Gotabaya Rajapakse d. Muttiah Muralitharan 60. India International Science Festival was recently inaugurated by the PrimeMinister through video conferencing in Mumbai Kolkata Delhi Ahmedabad 61. Which city of india will ban plastics and pet bottles from 2020 January? a. Jaipur b. Ladakh © Goa d. Surat 62, Which two varieties of Darjeeling tea were ‘awarded Gl tag recently? a, Chocolate and Oolong tea b. White and Green tea © Oolong and Green tea 4. Blackand Oolong tea 63. India has signed the Kartarpur Sahib Corridor Agreement with which country? a. Srilanka b. China Pakistan d. Bangladesh 64. On which position does India rank in the World Bank’s Ease of Doing Business 2020 report? 2. 63rd b. 64th < 65th 4. 66th 65, Who among the following has been ‘named ambassador for PM Mod's harat Ki Laxmi initiative? a. PV Sindhu b. Geeta Phogat Roshni Rajaram d. Saina Nehwal 61Page 66, Select the correct non-renewable source of energy? a. Hydel b. Thermal Solar 4. Wind power 67. Maju, the largest river island in the world is located in which among the following states of India? a. Assam b. Manipur Nagaland d. Tripura 68, The Gandhi Sagar Dam is built on which river in Madhya Pradesh? a, Narmada b. Chambal © Son 4. Tapti 69, At which among the following places, Asia's first EPZ (Export Processing Zone) was set up in 19657 a. Surat b. Cochin Kandla d. Chennai 70, Jadugoda mines are famous for: b. mica deposits gold deposits d._ uranium deposits 71, Baba Budangiri Hills in Karnataka are the place of origin of which among the following. plantation crops in india? 2 Neelgiri Tea b. Coffee Rubber. d. orange.72. Which of the following states has the highest irrigation coverage? a. Punjab b. Karnataka Uttar Pradesh d. Uttarakhand, 73. "Centre for Earth Science Studies” is located in? 2. Goa b. Bangalore . Thiruvananthapuram d. Patiala. 74, The K2 Peak is located in which among the following ranges? a. Central Himalayas b. Trans-Himalayas . Karakoram range d. Kumaun Himalayas 75, Which among the following is the least densely populated states of India? a. Arunachal Pradesh b. Mizoram Jammu and Kashmir Sikkim 76, The Khilafat Movement was started by: 2, Muhmmad All Jinnah b. Dr. Zakir Hussain Fakhruddin Ali Ahmed d. AliBrothers 77. The provision for separate electorate for Hindus and Muslims was made in: 2. Government of india Act, 1935 b. Montague Chelmsford reforms & Minto-Morley reforms d. Mountbatten Plan 78, Who once remarked, lehru is a patriot while Jinnah is a politician?” a, Maulana Azad b. Mahatma Gandhi T1Page Sir Mohammed Iqbal d. Abdul Gaffar Khan 79. Who was the Prime Minister of U. K. at the time of India’s independence? 2, Winston Churchill b. Clement Attlee Lord Mountbatten ._ Ramsay Mac Donald 80, Mappila(MOPLA) rebellion is associated with which of the following states? 2. Bihar b. Gujarat © Punjab d. Kerala 81, Who was the first Indian native ruler to accept the system of Subsidiary Alliance? 2. Scindia of Gwalior b. Nizam of Hyderabad ¢_Dalip Singh of Punjab 4. Galkwad of Baroda 82, The Simon Commission was boycotted by ‘the Ine {It sought to curb cui liberties of the Indians b._ it proposed to partition Indie twas an all-white commission without Indian representation d._ it proposed measures to contain nationalism uns because - 83, Which battle established the supremacy of the British rule in India? a, Battle of Plassey, 1757 b. Battle of Buxar, 1764 © 3rd Mysore war, 1790-92 dd. th Mysore war 1799 84. Which year British transferred the capital of India from Calcutta to Delhi? a. 1900 b. 1930© 1st 4. i912 £85, Which institution was founded by Gandhi? a. Phoenix Ashram b. Vishwa Bharati Seva Ashram ._ Jawaharlal Nehru university 86, National demand ~ Swaraj was first spread by- Dadavai Naoroji Gandhi Subhas Chandra Bose Annie Besant 87. Viceroy of India during Jallianwala Bagh Massacre ~ a. Lord Curzon b. Lord Chelmsford Lord Bentick 4. Lord Minto 88, Who setup the Indian Independence League? 2, Subhas Chandra Bose b. Rasbihari Bose Jawaharlal Nehru d. SIM Yoshi 89, The first movement against the British in India was— 2, Swadeshi Movement b. Khilafat Movement © Quit India movement 4d. Non-Cooperative movement 90. Who among the following founded the first women university in India? 2. LP Kripalin b. DK Karve © Sarojini Naidu d. Sucheta Kripalini 91, The President gives his resignation to the Chief Justice Parliament Vice President Prime Minister 92. Who, among the following, has the final right to sanction the expenditure of public money in India? 2, Speaker b. President Prime Minister d. Parliament 93. Who acts as the President of India when neither the President nor the Vice President is ble? Seniormost Governor of a State Chief Justice of india Speaker of Lok Sabha |. Auditor General of India 94, When a financial emergency is proclaimed 2, Union budget will not be presented b. Salaries and allowances of any class of employees may be reduced & Repayment of government debts will stop dd. Payment of salaries to public servants wil be postponed 95. The maximum age prescribed for election as president is, a, Nosuch Limit b. 62 years 58 years d. 60 years 96. Under which article of the Constitution the Supreme Court of India has been established a. 24 b. 124 6 224 d. 23197. The Union Government gives grants-in-aid to the states on the recommendations of the a. Planning Commission b. National integration Council Finance Commission 4. National Development Council 98, The age to exercise franchise was reduced from 21 years to 18 years by 42nd amendment 44th amendment 6ist amendment 72nd amendment 99, To organize village Panchayat as units of self-government is an example of a. Liberal principle b. Economic principle © Gandhian principle d. None of these 100, Directive Principles of state Policy are Included in the Articles a. 1524 b. 25:32 © 3651 4. $260 4101, The President of the Constituent Assembly was Maulana Abdul Kalam Azad Dr. Rajendra Prasad Sardar Vallabheai Patel Dr. BR Ambedkar 1102. which among the following is not created by the Constitution 2, Planning Commission b. Finance Commission Election Commission d. USC 103, The Indian federal system is largely based on the pattern of a. US Federal system 9|Page b. Australian Federal system Swiss Federal system d. Canadian Federal system 1108, Which commission has examined the centre- state relations , Sarkaria Commission b.. Srikrishna Commission & Rajamannar Commission d. Kher Commission 105, Public Accounts Committee has members from 2, House of the People b. Council of states only state legislatures d. Both Houses of Parliament 1106, Consolidated Fund is 2. (alvotable b. (b) non votable (cJnon plan 4. (a) None of these 1107. Council of states in India can delay a ‘money bill for 2. Indefinite period b. 6 months & Lmonth d. 14 days 4108, The Parliament of India consists of 2, President, House of the People and Council of state b. House of the People and Council of states Vice President, House of People and Council of states d. President, Vice President, House of the People and Council of States 109, Grass root democracy is related to ‘2. Panchayath system b. Interstate council © Lok Pal4d. Regionalism 1110, What is the maximum gap permissible between two sessions of the Parliament? a. 3 months b. 4 months 6 months d. 12 months 111. Public Undertaking Committee is a a. Cabinet Committee b. Parliamentary Committee & Committee of a political party d. None of these 1112, The emergency provisions of the Constitution of India have been borrowed from German Constitution ‘American Constitution French Constitution Irish Constitution 1113. Right to privacy is contained in ‘Article 22 Article 19 Article 21 Article 22 1114, Who was the first Comptroller and Auditor General of India (CAG)? a. V. Narahari Rao b. AK. Chanda AK Roy d._S. Ranganathan 115, In which year did the Finance Commission of India came into existence? a. 1947 b. 1948 © 1951 é. 1961 10|Pege 116, When was the Indian Audit and Accounts Department created? a. 1850 b. 1948 1950 d. 1783 117. Which of the following duties is NOT performed by the Comptroller and Auditor General of India a, To Audit and report on all expenditure from the consolidated fund of in b. To Audit and report on all expenditure from the contingency funds and Public Accounts. To Audit an report on All Trading manufacturing, profit and loss accounts, d. To control the receipt and issue of Public Money, and to ensure that the public revenue is lodged in the exchequer. 1118, Who gives the final approval to the five year plans of India? 2, National Development Couneil (NDC) b. Ministry of Finance & Planning Commission (now NITI Aayog) 4. President of India 119, Who decides whether abill is @ Money Bill or Not? a. President b. Chairmen of Rejya Sabha Speaker of Lok Sabha 4d. Minister of Parliamentary affairs. 120, The Planning commission of India is? a, Aconstitutional body b. An independent and autonomous body Astatutory bodyd. Anon-statutory body 1121, Mahalanobis Model has been associated with five-year plan? a. First Five Year Plan b. Second Five Year Plan Third Five Year Plan . Fourth Five Year Plan 122. Economic planning is in? a. Union list b. State lst & Concurrent lst Not any specified list 1123, Which Bill was proposed to be passing to solve problems in infrastructure contracts, PPP and Public Utilities? 2, Skill Development Programme b. Companies Amendment Bill ‘Public Utility Resolution of Disputes Bill 4d. Goods & Services Tax 1124, Which of the following Yojna gave ‘nominal premium and highest ever compensation in case of crop loss? 2. PM Fasal Bima Yojna b. PM Krishi Sinchai Yojna &_ Shyama Prasad Mukherji Rurban Mission 4d. Pramaparagat Krishi Vikas Yojna 125. What do you mean by "Fiscal Federalism"? 2, Itrefers to the devolution of power and responsibilities of national, sub- national, and governments. b. Itrefers to the financial relations between units of governments in a federal government system. Its the amount of money that households have available for | Pege spending and saving after income ‘taxes have been accounted for. 4d. It'states that when per capita income increases above the minimum specific level, population tens to increase. 126. The purpose of accommodation bill is 2, tofinance actual purchase or sale of goods b. to facilitate trade transmission when both parties are in need of, funds d. none of the above 127. The part of share ca called up only the liquidation of a company is called ‘2, Authorised capital called up capital © capital reserve d. reserve capital 1128, Discount on issue of debenture is a 2, revenue loss to be charged in the year of issue b. capital loss isto be written off from capital reserve capital loss to be writen off over the tenure of the debenture 4. capital loss is to be shown as goodwill 129, Credit purchase of machinery should be recorded in 2. purchase book b. cash book petty cash book d. journal proper 130. Good costing rupees 8000 where destroyed by fire insurance company accepted claim of rupees 5000 the amount to be credited to purchase /Trading account will be ‘5000 8 8000 13000 0 60001131, Capital introduced at the beginning rupees 13000 further capital introduced during the year rupees 3,000, drawing rupees 4000 and closing capital rupees 20000 the ‘amount of net profit will be A 8000 b. 7000 © 4000 d. 11000 132, Objective of accounting standard (AS) are ‘to harmonize accounting policies toeliminate the non- comparability financial statement & toimprove the reliability of financial statement all of the above 1133, Depletion method of charging depreciation is adopted for which of the following assets a. plant & machinery b. wasting assets like mind quarries building d. trademarks 1134, Discount on issue of debenture is a a, revenue loss to be charged in the y of the issue b._ capital loss to be written off from capital reserve capital loss to be written off over the tenure of the debenture 4. capital loss to be shown as goodwill 135, Goods are sold but not deliver to the customer they will be included in a. closing inventory b. sales goods in transit d. sales returns 136, Goods worth rupees 10,000 were distributed as free samples in the market which account will be debited 32 Pege drawings account sales account advertisement account D none of the above account 1137, Which of the following can be utilised for redemption of preference share? 2 the proceeds of issue of equity share b. the proceeds of issue of debenture the proceeds of issue of fixed assets 4. all ofthe above 138, Underwriting commission will not be paid on share taken by a. promoters b. employees director 4d. allofthese 139. Petty cash book is used to record expenses for 2, postage and conveyance b. purchase of raw material © salaries 4. none of the above 10, arse .~. Method is used when repairs and maintenance goes on increase a, SLM method b. WDV method machine hours method 4d. production unit method 141, Rectification of errorsare first entered in a, journal proper b. subsidiary book Trial balance d. Ladger 142, Which of the following is false ‘2, Assets can be arranged in the order of ‘their liquidity b. Balance sheet can be prepared vertically Intangible assets is not an asset 4. none of these13, saneseneenenenane I prepare to ascertain the arithmetical accuracy of posting and balancing of accounts 2. cash book b. journal Trial balance 4d. Bank reconciliation statement 1144, Wages paid Rs. 5000 is shown on credit side of trial balance the debit side of tril balance will be 2, short by5000 b. excess by 5000, short by10000 4. excess by 10000 1145. Closing work in process Inventory of last year: {Is treated as Opening inventory for current year b. Is not carried forward to next year Become expense in the next year Charge to Profit & Loss account 146, Find the compound interest on Rs, 2,000 at 5% per annum, compounded yearly for 2% years. a. Rs.250 b. Rs, 250.50 Rs. 260.12 dd. None of these 1147. Ifthe compound interest on a certain sum for 2 years at 3% be Rs. 101.50, what would be the S12 2, Rs. 100 b. Rs. 200 & Rs.300 4d. None of these 1148, The mean of 100 observations is 50. If fone of the observations which was 50 is replaced by 40, the resulting mean will be a. 40 13 Pege b. 49.90 © 50 d. None of these 1149, The correlation coefficient ris the .0f the two regression coefficients. a. GM. b. HM. © Arithmetic Mean d. None of these 150, Factor Reversal testis satisfied by @, Fisher's Ideal Index Number b. Laspeyre's Index Number & Paasche's Index Number d. Allof the above 151, Ifthe arithmetic mean of two numbers is 110 and their geometric mean is 8, the numbers are a. 205 b. 164 © 155 dé. 128 152, Which term of the series 0.004 +0.02 + 0.1 vornnnnn 1812.5 a8 b. 10 <6 d. None of these 153, The ratio of the sum and the difference of two numbers is 7:1. Find the ratio of those two numbers. a 53 b. 43 «45 d. None of these 154, Find the value of 142+ 3+... 105 2, $000 b. 38605565 d. None of these 155, A.sum of Rs, 4,000 is invested in an account that pays 6% interest compounded annually. If yields Rs, 5,353 after a number of years. Determine the number of years for which the was inverted. a 8 b5 © 10 d. None of these 156, The sum of deviations of the given values from thelr nun IS always 0. Arithmetic Mean GM. HM. Median 157. The compound interest on any sum at the rate of 5% for two years is Rs.512.50. Find the Rs, 4000 Rs. 5,000, Rs. 3,000, None ofthese 1158, In what rate per cent per annum will Rs. 41,000 amount to Rs. 1331 in 3 years? The interest is compounded yearly is: a, 10% b. 12% © 11% d._ None of these 158, Two regression lines are a. Reversible b. not reversible cannot say 4d. None of these 160, DFEC stands far: 14|Pege Duty Freedom Export Credit Duty Free Export Credit, Direct Foreign Exchange Control Duty Free Exchange Credit 1161, Find the rank of the Median in the given series 3,2,4,6,5,7 a 35 b. 4 «45 d. None of these 1162, Stratified random sampling is used for Population, a, Homogeneous b. Non-homogeneous Either (a) or (b) d. None of these 168. The Enterprise is liable to the owner for capital investment made by the owner as per a. Entity concept b. Money measurement concept Accrual concept 4. Going concern concept 1164, Which ofthe following is not an Intangible Asset? a. Investment b. Goodwill © Copyright d. Patents rights 165, Calculate gross profit if rate of gross profit is 25% on sales and cost of goods are Re.1,80,000 2. Rs. 60,000 b. Rs, 36,000 Rs. 45,000 d. Rs. 30,000, 1166, Loss on issue of Debentures is generally written off in LO years b. Byears & Over the period of redemption 4.15 years167, Sales to A of Rs, 600 not recorded in the books would affect (Sales Ve ()ASNe (c) cash AVe (4) Sales A/c and A's A/c 168, Prime cost can be also called a indirect cost b. direct cost fixed cost d._ variable cost 168. ev Is the second major element of cost a. labour b. material overhead 4d. factory over head 170, Normally overtime payment is made at ‘three times Two times four times none of the above 171, Labour expended is converting raw ‘material into finished goods is called 2. direct labour b. indirect labour otha and b d. none of the above 172, Over time due to faulty planning of ‘management may be transferred to a. the job b. costing profit and loss account & overhead d. all of the above 173, Loss of time due to unavoidable reason is known as normal idle time abnormal idle time over time none of the above 15|Pege 174, Discount on debenture is purely financial charges purely costing charges both a & b none of the above 175, Closing stock is valued at cost price or ‘market price whichever is less UNKEr ane Accounts financial accounts b. cost accounts & management accounts 4d. none of the above 176. Factory power is a. a. fixed b. variable © semivariable 4d. none of the above expense 17. Factory power is .. 2. fixed b. variable &semivariable d._none of the above expense 178, Hello allotment of whole item of cost tour cost center or cost unit is known as a. cost apportionment b. cost allocation machine hour rate d. cost of absorption 179, Service department cost should be allocated to 2. only service department b. only production department & both production and service department dd. none of the above 1180. Cost accounting concept include all the following except a. planning b. controlling sharingd. costing 181. Cost of goods sold rupees 30000, ‘opening inventory Rs9,000, closing inventory Rs 7800 what is the inventory turnover ratio a. 3.57 times b. 3.67 times 3.85 times d. 5.36 times 182, All the indirect cost is charged in the head of a. prime cost b. factory overhead cost direct labour cost d. none of the above 183, Store ledger card is similar to the van stock ledger bin card material card Purchase requisition card 1184. Operating costing suitable for 2. job order business b. contractor sugar industries d._ service industries 185. Process costing is suitable for hospital oil refining firms transport all of the above 1186, Wages paid to @ labour who was engaged In production activities can be termed as a. direct cost b. indirect cost 6 Sunkeost 4. imputed cost 187, Element of cost are 2. three types b. four types five types 16|Pege d._ seven types 188. Direct expenses are also called, 2, chargeable expenses b. overhead expenses sundry expenses d._ major expenses 189. Indirect material scrap is adjusted along with 2. prime cost b. factory cost labour cost 4. cost of goods sold 190, Total of al direct cost is termed as a. prime cost b. work cost cost of sales 4. cost of production 191, Net profitratio isa a, turnover ratio b. long term solvency ratio short term solvency ratio 4. profitability ratio 1192, Preliminary expenses is an example of 2, fiked assets b. current assets fictitious Assets d. current liilities 1198, Debtors turnover ratio is also called stock turnover ratio debtor's velocity ratio creditors velocity ratio working capital turnover ratio 1194, Depreciation on fixed assets Is 2, non operative income b. operating expenses, operating income ._non-operating expenses 1195. Contribution margin is also known as 2. marginal incomeb. gross profit, cnet profit d. netloss 196, PV ratio is an indicator of the rate at which goods are sold the volume of sales the volume of profit ‘the rate of profit 197. Selling price per unit rupees 10, variable cost rupees 8 per unit, fixed cost rupees Rs 20000 break even production in units. 2, 10000 b. 16300 2000 d. 2500 1198, Purchase of building from Bank 2, decreasein total liabilities b. decrease in total assets Increase in total assets d. no effect of total of assets 1199, Good purchased rupees 100000 sales rupees 90000 if margin 203%on sales then closing stock will be a. 35000 b. 28000 22000 10000 200. Valuing the stock in trade at net realizable value or cost price whichever Is. lower is an example of a. conservatism b. consistency Dual aspect d._ all ofthe above a7 |Pege