New qusation cpt exam june-2010

AMIT (CA STUDENTS) (412 Points)

07 July 2010  

Hello,

      There are some new qusation of cpt exam june-2010  please given answer of these qusations.

      1) The provisions for bad debts is made by creating--------------

              A) p&l Alc  B) Provisions for bad debts Alc    C) Trading Alc   D) Debtors Alc

     2)  Revenue reserve are created out of--------------

            A) Capital profit  B) Revenue profit  C) Retain profit   D) None of these

   3) If the opening stock is overstated by Rs- 10,000  and closing stock is understated by  Rs-15,000 then effect on profit will be ?

            A) Understated by Rs- 5,000  B) Overstated By Rs- 25000 C)Understated by Rs-25000  D) Overstated By Rs-5,000

   4) The law of equi-marginakl utility also known as -----------

             A) Diminising  marginal utility  B) Law of proportions  C) Law of consumer surplus     D)Law of incresing return

     5)  Ogive curve measere -------------

             A) Median  B) Quartiles  C) Both  D) None of these

    6)  The profit of the partnership firm before charging managerial commission is Rs-44,000 the managerial commission is charged @ 10% on profit after charged such commission the amount of managerial commission will be ?

           A) Rs- 4,000  B) Rs-40,000   C) Rs- 4,400   D) Rs-39600