M.Com SEMESTER – II MACROECONOMIC 1. Q.3. Explain the concept of National Income Deflator. ANS: When we divide nominal national income by real national income, we obtain the national income deflator. The real national income can be calculated by dividing nominal national income by the national income deflator. The national income deflator for various … Read more
F.Y.B.COM ( SEMESTER – I ) Commerce Paper I (Introduction to Business) Q3. Explain in detail the Social objectives of the Business. Social Objectives Business : Business is a part of a social System. A social system involves people and their Organisations in mutual relationship to each other. Business is an integral part of society. … Read more
F.Y.B.COM ( SEMESTER – I ) Commerce Paper I (Introduction to Business) Q1. Explain the Meaning and scope of Business. Meaning :- According to L.H. Haney, “Business is a human activity directed towards producing or acquiring wealth through buying and selling activities.” SCOPE OF BUSINESS Business has a very wide scope. It … Read more
Management Accounting MCQ Semester 3 1) Working capital is an excess of current assets over current _____. a) Liabilities b) Operating Ratio c) No of times d) Fixed Assets ANS: A 2) ______ shows the period for which amount of sales remains invested in debtors. a) Liquid Assets b) Collection c) Period Long … Read more
M.Com Part 1 cost and management accounting mcq Click Here https://www.surajpateleducation.com/2021/05/mcom-part-1-mcq-mumbai-university-mcom.html 1 Contribution = A. Sales – Fixed Cost B. Sales – Profit C. Sales – Variable Cost D. Variable Cost + Fixed Cost ANS: C 2 Insurance of Factory Premises is _______ A. Semi-Variable Cost B. Fixed Cost C. Variable … Read more