Select the correct option to test your answer:
More Commerce Questions
Match List-I with List-II and select the correct answer using the option given below the lists: List-I List-II a. Inter Bank Call Market 1. Money Market b. Commercial Paper 2. Promissory Note c. Commercial Bills 3. Short Term Maturity d. Treasury Bills 4. Government Papers
Price earning ratio is useful to whom?
Consider the following statements. 1. The entity concept of accounting is not applicable to sole trading concerns and partnership concerns. 2. Assets are to be shown in the balance sheet at their replacement cost on liquidation. 3. Money measurement concept takes into account changes in the value of monetary unit. 4. When a creditor is paid, this results in decrease of one asset and a corresponding increase in other asset. Which of the statements given above are correct?
The need for showing contingent liability in the balance sheet arises out of the convention of:
In decreasing-term insurance, the premiums paid _________ over time.