Author name: Administrator

298. Authorized share capital is also known as

Registered capital
Issued capital
Paid up capital
Called up capital
✅ The correct answer is A.
Authorized share capital is also known as Registered capital. The authorized capital of a company is the maximum amount of share capital that the company is authorized by its constitutional documents to issue to shareholders.

299. When the goods are returned to a supplier

A Debit note is sent to him
An Account sale is sent to him
A receipt is sent to him
Either ‘b’ or ‘c’
✅ The correct answer is A.
When the goods are returned to a supplier a Debit note is sent to him which indicates that his/her account has been debited with the repective amount.

3150. State which one of the following statements is correct?

The tax provisions are the same for all kinds of savings
The tax provisions are included in the Constitution
Both the statements above are correct
Both the statements above are wrong
✅ The correct answer is D.
Both the statements are incorrect.
The tax provisions are not the same for all kinds of savings. The tax provisions are not included in the Constitution.

3125. Demand curve slopes downward because of the law of

Consumer equilibrium
Utility maximization
Utility minimization
Diminishing marginal utility
✅ The correct answer is D.
Demand curve slopes downward because of the law of Diminishing marginal utility. The law of diminishing marginal utility states that with each increasing quantity of the commodity, its marginal utility declines.

3126. What type of ad appears on top of a web page?

pop‐under ad
pop‐up ad
banner ad
discount ad
✅ The correct answer is B.
pop‐up ad type of ad appears on top of a web up ad. Pop-up ads or pop-ups are forms of online advertising on the World Wide Web. A pop-up is a graphical user interface (GUI) display area, usually a small window, that suddenly appears (“pops up”) in the foreground of the visual interface.

3127. Costs of undertaken activities is to support individual products are known as

expected sustaining
input sustaining
output sustaining
product sustaining costs
✅ The correct answer is D.
Costs of undertaken activities is to support individual products are known as product sustaining costs. Product-sustaining costs are cost activities that support a particular product or service line, regardless of the number of units produced.

3129. Profession involves _________.

Rendering of personal service
Undertaking a business
Undertaking a contract
Profit motive
✅ The correct answer is A.
Profession involves rendering of personal service. The service is based on professional education, knowledge, training etc. This service is provided for a professional fees charged from the clients.
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