1. Rate of Gross Profit on cost is 25%. Total sales is Rs. 1 - 00 - 000 and Average Stock is Rs. 1 - 60 - 000. Stock Turnover Ratio will be-”

2. Which of the following have lien of Company Auditor ?

3. In order to reduce the risk of heavy insurance the insurer passes on some business to the other company - it is called-”

4. The following information is obtained from the records of K Co. Ltd.-” Sales (1 - 00 - 000 units) Rs. 1 - 00 - 000 Variable cost Rs. 40 - 000 Fixed cost Rs. 30 - 000 Find out margin of safety.

5. -œA body of persons elected or appointed to meet on an organised basis for the discussion and dealing of matters brought before it.- It is called-”

6. -œA company has a separate legal existence from its members.- This principle was first laid down in case of-”

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

8. A fire occurred in the premises of -˜M-™ Ltd. on 30th September - 2007. The stock was destroyed except to the extent of Rs. 10 - 000. From the information given below - calculate the value of stock burnt by fire on 30th September - 2007. Stock on 1st April 2006 - Rs. 90 - 000 - Purchases less returns during 2006-07-”10 - 00 - 000 - Sales less returns during 2006-07 - 15 - 00 - 000; Stock on 31st March - 2007-”1 - 80 - 000 - Purchases less returns from 1st April 2007 to 30th September 2007 - 7 - 00 - 000. Sales less returns from 1st April - 2007 to 30th September 2007 - 10 - 00 - 000. It was the practice of the company to value stock less 10%-”

9. Current Ratio is 3-¢75 - Acid Test Ratio is 1-¢25 Stock Rs. 3 - 75 - 000 - calculate working capital.

10. The capital issues of public limited companies are subject to guidelines issued by-”

11. A public company can start its business operations after getting-”

12. Who is Father of Scientific Management ?

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

14. For calling the Extraordinary General Meeting a clear notice of -¦-¦-¦ days must be given to all the members.

15. Due to coordination-”

16. To appoint new auditor in place of retiring auditor - to adopt the procedure - which section of Companies-™ Act - 1956 is applicable ?

17. -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-”

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

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

20. Blue Chips Shares mean-”

21. In Need Hierarchy Theory of Abraham H. Maslow - Self Actualisation needs are at level-”

22. Verification includes-”

23. Convertibility of the rupee implies-”

24. Motivation - Hygiene Theory was propounded by-”

25. According to Balance Sheet equation concept - the capital will be-”