According to Profit and Loss Account, the net profit for the year is ₹3,00,000. The total interest on partner's capital is ₹36,000 and interest on partner's drawings is ₹4,000. The net profit as per Profit and Loss Appropriation Account will be:
Anonymous Quiz
16%
₹3,32,000
18%
₹3,40,000
19%
₹2,60,000
47%
₹2,68,000
❤1
🎲 Quiz '𝑨𝒄𝒄𝒐𝒖𝒏𝒕𝒂𝒏𝒄𝒚 𝑸𝒖𝒊𝒛 𝟏𝟐'
𝑻𝒓𝒆𝒂𝒕𝒎𝒆𝒏𝒕 𝒐𝒇 𝑨𝒄𝒄𝒖𝒎𝒖𝒍𝒂𝒕𝒆𝒅 𝑷𝒓𝒐𝒇𝒊𝒕𝒔 𝒂𝒏𝒅 𝑳𝒐𝒔𝒔𝒆𝒔
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𝑻𝒓𝒆𝒂𝒕𝒎𝒆𝒏𝒕 𝒐𝒇 𝑨𝒄𝒄𝒖𝒎𝒖𝒍𝒂𝒕𝒆𝒅 𝑷𝒓𝒐𝒇𝒊𝒕𝒔 𝒂𝒏𝒅 𝑳𝒐𝒔𝒔𝒆𝒔
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According to Profit and Loss Account, the net profit for the year is ₹8,40,000. Salary of a partner is ₹10,000 per month and the commission of another partner is ₹20,000. The interest on drawings of partners is ₹8,000. The net profit as per Profit and Loss Appropriation Account will be:
Anonymous Quiz
55%
₹7,08,000
21%
₹6,92,000
12%
₹8,18,000
12%
₹8,02,000
A, B and C are partners. A's capital is ₹6,00,000 and B's capital is ₹2,00,000. C has not invested any amount as capital but he alone manages the whole business. C wants ₹60,000 p.a. as salary. Firm earned a profit of ₹3,00,000. How much will be each partner's share of profit?
Anonymous Quiz
21%
A: ₹1,20,000 B: ₹1,20,000 C: Nil
24%
A: ₹1,80,000 B: ₹60,000 C: Nil
24%
A: ₹80,000 B: ₹80,000 C: ₹80,000
31%
A: ₹1,00,000 B: ₹1,00,000 C: ₹1,00,000
🎲 Quiz '𝑨𝒄𝒄𝒐𝒖𝒏𝒕𝒂𝒏𝒄𝒚 𝑸𝒖𝒊𝒛 𝟏𝟑'
𝑻𝒓𝒆𝒂𝒕𝒎𝒆𝒏𝒕 𝒐𝒇 𝑮𝒐𝒐𝒅𝒘𝒊𝒍𝒍 𝒐𝒏 𝑨𝒅𝒎𝒊𝒔𝒔𝒊𝒐𝒏 𝒐𝒇 𝑷𝒂𝒓𝒕𝒏𝒆𝒓
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𝑻𝒓𝒆𝒂𝒕𝒎𝒆𝒏𝒕 𝒐𝒇 𝑮𝒐𝒐𝒅𝒘𝒊𝒍𝒍 𝒐𝒏 𝑨𝒅𝒎𝒊𝒔𝒔𝒊𝒐𝒏 𝒐𝒇 𝑷𝒂𝒓𝒕𝒏𝒆𝒓
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🎲 Quiz '𝑨𝒄𝒄𝒐𝒖𝒏𝒕𝒂𝒏𝒄𝒚 𝑸𝒖𝒊𝒛 𝟏𝟒'
𝑭𝒆𝒂𝒕𝒖𝒓𝒆𝒔 𝒐𝒇 𝑷𝒂𝒓𝒕𝒏𝒆𝒓𝒔𝒉𝒊𝒑 & 𝑷𝒂𝒓𝒕𝒏𝒆𝒓𝒔𝒉𝒊𝒑 𝑫𝒆𝒆𝒅
🖊 10 questions · ⏱ 30 sec
𝑭𝒆𝒂𝒕𝒖𝒓𝒆𝒔 𝒐𝒇 𝑷𝒂𝒓𝒕𝒏𝒆𝒓𝒔𝒉𝒊𝒑 & 𝑷𝒂𝒓𝒕𝒏𝒆𝒓𝒔𝒉𝒊𝒑 𝑫𝒆𝒆𝒅
🖊 10 questions · ⏱ 30 sec
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Which factor may make products more expensive for consumers?
Anonymous Quiz
25%
Technological advancements
10%
Increased competition
62%
Increase in taxes by government
4%
Political uncertainty
What may create fear in the minds of investors?
Anonymous Quiz
19%
Increased competition
35%
Changes in fashions and tastes
21%
Increase in taxes
25%
Political uncertainty
A health food startup sees a rise in demand for plant-based protein powders due to increasing awareness of health and wellness. Which feature of the business environment is illustrated?
Anonymous Quiz
31%
Dynamic nature
11%
Uncertainty
37%
Inter-relatedness
20%
Specific and general forces
A fast-fashion company struggles to predict next season's trends due to rapidly changing fashion. Which feature of the business environment does this illustrate?
Anonymous Quiz
50%
Dynamic nature
32%
Uncertainty
15%
Complexity
3%
Relativity
❤2
The food and beverage industry is influenced by consumer tastes, regulations, and global supply chain issues. Which feature does this illustrate?
Anonymous Quiz
12%
Uncertainty
23%
Complexity
40%
Dynamic nature
25%
Relativity
Why is understanding the business environment important for identifying opportunities?
Anonymous Quiz
24%
It allows for quick adaptation to changes
18%
It helps in coping with threats
9%
It helps in resource allocation
49%
It helps in getting the first mover advantage
How does understanding the business environment assist in planning and policy formulation?
Anonymous Quiz
74%
Provides the basis for future courses of action
8%
Allows for increased competition
11%
Enhances the quality of products
7%
Increases market fragmentation
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Assertion: Firms need to adapt according to external environmental forces.
Reason: Firms have no control over these forces.
Reason: Firms have no control over these forces.
Anonymous Quiz
66%
Both Assertion and Reason are true and Reason is the correct explanation for Assertion.
23%
Both Assertion and Reason are true but Reason is not the correct explanation for Assertion.
8%
Assertion is true but Reason is false.
3%
Assertion is false but Reason is true.
What forces affect a business directly and immediately?
A. Political conditions
B. Social conditions C. Investors D. Customers E. Competitors
A. Political conditions
B. Social conditions C. Investors D. Customers E. Competitors
Anonymous Quiz
22%
A and B only
28%
A, D and E only
39%
C, D and E only
11%
B, D and E only
An Indian firm notices a foreign multinational entering the market with substitutes for its products. What should this observation act as?
Anonymous Quiz
17%
Opportunity
59%
Early warning signal
8%
Resource
15%
Competitive advantage
What is the primary role of Directing in management?
Anonymous Quiz
11%
Organizing resources
77%
Instructing and motivating employees
6%
Financial management
7%
Conducting performance appraisals
At what level of an organization does Directing take place?
Anonymous Quiz
21%
Only at the top level
18%
Only at the middle level
9%
Only at the supervisory level
53%
At every level of the organization
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Which aspect of human behavior is closely associated with Directing?
Anonymous Quiz
37%
Psychological analysis
10%
Economic behavior
49%
Study and molding of human behavior
5%
Biological characteristics