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Earn 100
What are errors of commission? Give examples.
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Important Questions on Trial Balance and Rectification of Errors
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Ms. Jayshree recently completed her Post Graduate Diploma in Human Resource Management and was appointed as the human resource manager of a large steel manufacturing company planning to expand by hiring 200 additional employees. She has been given complete charge of the company’s Human Resource Department. What potential challenges might Ms. Jayshree face in her job?
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State the meaning of principles of management.
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Discuss the difference between errors that affect the trial balance and those that do not.
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Explain the concepts of the short run and the long run.
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Which of the following is an example of a financial objective of management?
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What does a bearer debenture mean?
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Which function of management involves developing an organizational structure and allocating human resources?
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Define errors of omission and how they impact accounting records.
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Which style of leadership does not believe in use of power unless it is absolutely essential?
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What does it mean to issue debentures at a discount and redeemable at a premium?
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What is meant by the term 'span of control'?
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‘No organisation can be successful unless it fills and keeps the various positions filled with the right kind of people for the right job.’ Elucidate.
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What is meant by a debenture?
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What is the main focus of the 'Scalar Chain' principle in management?
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Explain the types of errors that affect the trial balance.
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What does ‘Issue of debentures for consideration other than cash’ mean?
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What are errors of principle? Provide examples.
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How do compensating errors affect the trial balance?
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What is the meaning of ‘Debentures issued as a collateral security’?
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Suppose the price elasticity of demand for a good is –0.2. How will the expenditure on the good be affected if there is a 10 % increase in the price of the good?
