1. Among the following which is not an error of commission ?

2. -œOrganisation is a Management Process by which people - functions and physical factors are brought together to form a controllable unit.- This definition is given by-”

3. Principle of -˜Unity of Command-™ means-”

4. For the purpose of preparation of fund flow statement - fund means-”

5. Convertibility of the rupee implies-”

6. Accounting for Intangible Assets are related to-”

7. The basic aim of Securities and Exchange Board of India (SEBI) is to-”

8. FEMA stands for-”

9. Depletion method of depreciation is used in case of-”

10. Auditor shall be punished with imprisonment for a maximum period of -¦-¦-¦ under Section 539 for falsification in the books of accounts.

11. In Balance Sheet - Audit Accounts are audited-”

12. Total sales is Rs. 7 - 60 - 000 - cash sales Rs. 30 - 000 collection period is 25 days - debtors at Balance Sheet date will be-”

13. -˜Carrot and Stick-™ principle is given in Theory-”

14. A manufacturer is operating at 50% of its capacity - due to competition. The following are the details. Raw materials Rs. 6 per unit - Direct Labour Rs. 4 per unit. variable overhead - Rs. 3 per unit - fixed overhead - Rs. 2 per unit - output 15 - 000 units - total cost Rs. 2 - 25 - 000 - sales value Rs. 2 - 10 - 000 - loss Rs. 15 - 000. A foreign customer wants to buy 6 - 000 units at Rs. 13-¢50 per unit and the company does not know whether to accept or not as it is suffering losses at the current level. Advise what he should do ?

15. It is given that cost of stock is Rs. 100. However - its market price is Rs. 98 (buying) and Rs. 140 (selling). If the market price is interpreted as the replacement cost - then the stock should be valued at-”

16. Who is Father of Scientific Management ?

17. Indian Accounting Standard -“ 28 is related to-”

18. The object of -˜Agenda-™ is to inform-”

19. The Branch of Accounting which is concerned with the processing and presenting data for decision making is known as-”

20. The balance appearing in the books of a company at the end of year were CRR A/c Rs. 50 - 000 - Security Premium Rs. 5 - 000 - Revaluation Reserve Rs. 20 - 000 - P & L A/c (Dr) Rs. 10 - 000. Maximum amount available for distribution of Bonus Share will be-”

21. The first Secretary of the company is appointed by-”

22. Average stock of firm is Rs. 80 - 000 - the opening stock is Rs. 10 - 000 less than closing stock. Find opening stock.

23. -¦-¦-¦ has been founded to act as permanent watchdog on the international trade.

24. Under Section 275 of the Companies-™ Act - 1956 a person can become director in public company of not more than-”

25. Increase in fixed asset due to purchase is-”