CPT MEMORY BASED QUESTIONS

ravi jain (CA) (1662 Points)

22 June 2010  

A

hi ,my cpt paper was good,i studied accounts,m.law and economics.i studied for 150 marks ,i attempted 154Q all.lets see what happens.i have some questions in my  memory

q:as per as2 which method of depriciation allowed?ans:fifo


Q:according to which inventory method stock are as per latest price of goods?

Q:in indiffernce curve in which chart its L SHAPE ? OPTIONS:COMPLEMENTRY

Q:dep on LEFT side of machinery account means what?ANS :REVERSAL OF DEP

q :WHAT IS THE RATE OF INTREST IF MONEY BECOMES 16TIMES IN 4 YEARS? OPTIONS 100%<200%>20%.<10% ANS IS 100%

Q: STUDY OF WEALTH AND MANKIND IS GIVEN BY WHOM?

q:PPF CURVE IS WHAT WHEN MARGINAL UTILITY IS CONSTANT? ANS:STRAIGHT LINE

q:CALCULATE INCOME ELASCITY FOR THE GIVEN............. ?GIVEN .20%...RISE ININCOME  ....RISE OF 40% DEMAND INCEASE IN CARS .....DEMAND ELASCITY IS ....?ANS 40/20=2

q:  WHAT HAPPENS WHEN SUPPLY INCEASES WHEN DEMANDS REMAINS THE SAME?ANS:PRICE DECREASES AND QTY INCREASES.:::

 I WILL TRY TO GET YOU MORE QUESTIONS ONCE I SEE THE TEXT BOOK CHAPTER BY CHAPTER...BYE


PLS EXCUSE ME FOR BAD TYPING.