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What are the main provisions of the Indian Partnership Act 1932 that are relevant to partnership accounts if there is no partnership deed?

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Important Questions on Accounting for Partnership : Basic Concepts

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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
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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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
State the meaning of principles of management.
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What is a Partnership Deed?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
Explain the concepts of the short run and the long run.
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
Which of the following is an example of a financial objective of management?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What does a bearer debenture mean?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
Which function of management involves developing an organizational structure and allocating human resources?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What is meant by partnership?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
Which style of leadership does not believe in use of power unless it is absolutely essential?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What does it mean to issue debentures at a discount and redeemable at a premium?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What is meant by the term 'span of control'?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
‘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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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What is meant by a debenture?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What is the main focus of the 'Scalar Chain' principle in management?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
Why is it considered desirable to make the partnership agreement in writing?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What does ‘Issue of debentures for consideration other than cash’ mean?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
Why is it considered better to make a partnership agreement in writing?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What are the chief characteristics of a partnership?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What is the meaning of ‘Debentures issued as a collateral security’?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
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?