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71
Amortization of intangible Asset such as Goodwill which has indefinite life is an example of accounting concept:
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Answer: Option A
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72
Basic assumptions or conditions upon which the science of accounting is based:
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Answer: Option B
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73
Going concern concept assumes:
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Answer: Option C
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74
Which one of the following methods of Capital Budgeting assumes that cash-inflows are reinvested at the project's rate of return?
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Answer: Option C
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75
Depreciation is a . . . . . . . .
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Answer: Option B
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76
The latest and greatest means of communication in the following which is a reliable tool?
Or
Which of the following is the most reliable form of communication?
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Answer: Option D
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77
The advent of computers in research has led to:
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Answer: Option B
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78
The capital of a company is Rs. 1,00,000. Its margin on sales is 8%. The Turnover is five times the capital. The return on investment will be:
Or
The capital of a company is Rs. 1,00,000. Their profit on sale is 8%. The sale is five times the capital. Profit on investment will
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Answer: Option D
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79
Sunk costs are:
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Answer: Option B
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80
If the Brooke bond company merges with the Lipton Company, it would be an example of:
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Answer: Option B
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