Question : There are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the prop rite option from the options given below (A) Both Assertion (A) and Reason (R) are true, but Reason (R) is the correct explanation of Assertion (A). (B) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A). (C) Assertion (A) is false, but Reason ( R ) is true. (D) Assertion (A) is true, but Reason (R) is false. Question: Assertion (A): Equity shares do not carry a fixed rate of dividend and they are the ultimate risk bearer. Reason (R): Equity shareholders are getting dividends from the residual part of profits and in the case of the windup of the company, invested money will be refunded at the last.
Option 1: A
Option 2: B
Option 3: C
Option 4: d
Correct Answer: A
Solution : Answer = (A) Both Assertion (A) and Reason (R) are true, but Reason (R) is the correct explanation of Assertion (A).
Equity shares indeed do not carry a fixed rate of dividend, and equity shareholders bear the ultimate risk because they receive dividends from the residual profits after other claims are settled, and they are repaid their invested capital only after all other claims are satisfied in the event of company liquidation. Hence, the correct option is 1.
Question : There are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the prop rite option from the options given below (A) Both Assertion (A) and Reason (R) are true, but Reason (R) is the correct explanation of Assertion (A). (B) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A). (C) Assertion (A) is false, but Reason ( R ) is true. (D) Assertion (A) is true, but Reason (R) is false. Question: Assertion (A): Received amount of securities premium will not debited to securities premium reserve account, on forfeiture of shares. Reason (R): Received amount of securities premium will be debited while writing off of certain type of capital loss or expenditure.
Option 4: D
Question : There are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the prop rite option from the options given below (A) Both Assertion (A) and Reason (R) are true, but Reason (R) is the correct explanation of Assertion (A). (B) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A). (C) Assertion (A) is false, but Reason ( R ) is true. (D) Assertion (A) is true, but Reason (R) is false. Question: Assertion (A): A company must receive a minimum subscription on the public issue of shares Reason (R): In default to receive a minimum subscription, the company could not allot its shares
Question : Assertion (A): A new business is likely to have lesser goodwill. Reason (R): Goodwill is an intangible asset.
Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)
Option 2: Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A)
Option 3: Assertion (A) is true but Reason (R) is false
Option 4: Assertion (A) is false but Reason (R) is true
Question : Assertion: Physical capital is tangible in nature Reason: Physical capital can be seen and touchable.
Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)
Option 3: Assertion (A) is true but Reason (R) is False
Option 4: Assertion (A) is False but Reason (R) is true.
Question : Assertion (A): Complementary goods have joint demand. Reason (R): In order to fulfill a specific need, complementary commodities are simultaneously desired.
Option 4: Assertion (A) is False but Reason (R) is True
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