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Earn 100

Give any three examples of revenues.

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Important Questions on Introduction to Accounting

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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
What is the total product of an input?
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
State the meaning of principles of management.
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
What is the meaning of ‘Debentures issued as a collateral security’?
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
What is the law of diminishing marginal product?
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
Explain the relationship between the marginal products and the total product of an input.
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
What does ‘Issue of debentures for consideration other than cash’ mean?
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
Which management principle suggests the need for fairness and consistency in employee treatment?
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
Explain the meaning of gain and profit. Distinguish between these two terms.
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
Which style of leadership does not believe in use of power unless it is absolutely essential?
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
What does a bearer debenture mean?
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
What is the law of variable proportions?
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
Which of the following is an example of a financial objective of management?
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
What does it mean to issue debentures at a discount and redeemable at a premium?
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
Explain the significance of Taylor's Scientific Management.
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
Distinguish between debtors and creditors; profit and gain.
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
Explain the concepts of the short run and the long run.
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
What do you mean by an asset and what are different types of assets?
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
Define revenues and expenses.
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
What is meant by a debenture?
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Accountancy>Financial Accounting-I>Introduction to Accounting>Basic Accounting Terms
What is informal communication?