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Commerce Costing Difficulty: Medium

If provision for taxation is treated as a current liability, then payment of tax is

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Which of the following depicts the statement which derives the role that an organization plays in a society? Match List-I from List-II . List-I List-II a. Assets, liabilities and personal risks 1. Property damage due to hurricane, fire, increased risk b. Physical, social and economical risks 2. Damage of assets and liability of business and family c. Hypothesis risks 3. These are those risk in which, a person is likely to suffer or not d. Net risks 4. It has the potential of both profit and loss Porter and Lawler model of motivation is primary to A manager is paid 5% commission on the net profit after charging such commission. The gross profit of the firm is Rs. 40,000 and the selling expense is Rs. 29,500. His commission will be Rights shares are the shares