Question : Income method is also known as ________________________.
Option 1: Distributive share method.
Option 2: Factor payment method
Option 3: Both A and B
Option 4: Only A
Correct Answer: Both A and B
Solution :
Question : Expenditure method is also known as__________________.
Option 1: Income disposal method
Option 2: Income spending method
Option 3: Factor income method
Option 4: None of the above.
Question : The indirect method of preparing a statement of cash flows is also known as -
Option 1: Balance sheet method
Option 2: Reconcilation method
Option 3: Reserve method
Option 4: Income statement method
Question : _________________ measures national income from the perspective of factor income.
Option 1: Value added method.
Option 2: Income method.
Option 3: Expenditure method.
Option 4: All of the above.
Question : The GDP estimation method measuring the aggregate value of factor payments is called ______.
Option 1: product method
Option 2: Value added method
Option 3: expenditure method
Option 4: income method
Question : Subsidies are ____________ income. Profit is _________ income.
Option 1: Factor, transfer.
Option 2: Transfer, factor.
Option 3: Transfer, transfer
Option 4: Factor, factor.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile