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51
Full details for the issue of ADRs by a company must be furnished within 30 days from the date of its closure to
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Answer: Option B
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52
Debit all expenses and losses Credit all gains and income.
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Answer: Option C
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53
Accounting principles are:
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Answer: Option B
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54
Cost accounting aims at ascertain . . . . . . . . of product.
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Answer: Option A
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55
Which one is not a horizontal filing system?
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Answer: Option D
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56
Match the various stock exchanges in List-I with the years of their establishment in List-II as follows and suggest the correct answer:
List-I List-II
a. National Stock Exchange (NSE) 1. 1875
b. MCX Stock Exchange (MCX-SX) 2. 1992
c. MCX Stock Exchange (MCX-SX) 3. 2000
d. Interconnected Stock Exchange of India (ISEI) 4. 2008
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Answer: Option A
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57
The main advantage of centralised office organization is
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Answer: Option A
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58
The transferring of debit and credit items from journal to the respective accounts in the ledger is called as:
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Answer: Option B
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59
Outstanding expenses are charged to:
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Answer: Option B
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60
As per Indian Contract Act, the manifestation by the offeree of his/her assent to the terms of the offer is said to be:
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Answer: Option B
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