Question : Which of the following is correct?
 

Option 1: Operating surplus = Compensation of employees + profit + interest.
 

Option 2: Operating surplus = Compensation of employees + rent+ interest.
 

Option 3: Operating surplus = Rent and royalty + profit + interest.
 

Option 4: Operating surplus = Compensation of employees + profit + mixed income.
 

Question : Operating surplus includes ________________________.

Option 1: Rent and royalty

Option 2: Interest

Option 3: Profit

Option 4: All of the above.

Question : The components of income method includes-

Option 1: Compensation of employees

Option 2: Operating surplus

Option 3: Mixed income

Option 4: All of the above.

Question : Surplus/Deficit of an NPO is known from the:

Option 1: Receipts and Payments Account

Option 2: Cash Book

Option 3: Income and Expenditure Account

Option 4: Balance Sheet

Question : Surplus earned by a factor other than land in a short period is referred to as:

Option 1: economic rent

Option 2: net rent

Option 3: quasi-rent

Option 4: super-normal rent