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