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What is the significance of the term 'contra entry' in accounting?

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Important Questions on Economics

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Explain the relationship between the marginal products and the total product of an input.
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What does it mean to issue debentures at a discount and redeemable at a premium?
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Describe the process of balancing a cash book.
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Explain the concept of a production function.
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State the meaning of principles of management.
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What does a bearer debenture mean?
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A company is manufacturing paper plates and bowls. It produces 1,00,000 plates and bowls each day. Due to a local festival, it got an urgent order of extra 50,000 plates and bowls. Explain the method of recruitment that the company should adopt in the given circumstances to meet the order.
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Why is a bank column included in a double column cash book?
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What does ‘Issue of debentures for consideration other than cash’ mean?
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Explain the difference between a single column and a double column cash book.
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What is meant by recruitment? How is it different from selection?
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Which management concept ensures that each employee has only one direct supervisor?
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What is meant by a debenture?
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What is the law of diminishing marginal product?
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Define petty cash book and its purpose.
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What is the meaning of ‘Debentures issued as a collateral security’?
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What are the advantages of maintaining a petty cash book?
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What is the purpose of maintaining a cash book?
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Discuss the concept of imprest system in petty cash management.
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Which function of management involves developing an organizational structure and allocating human resources?