[{"id":244185,"question":"The abnormal loss on consignemnt is credited to.","choices":[{"text":"Consignment account","value":"A"},{"text":"Consignment personal account","value":"B"},{"text":"Profit and loss account","value":"C"},{"text":"Goods sent on consignemnt account","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244184,"question":"The expense incurred by the oconsignee in connection with the sale of the consignment goods are debited to.","choices":[{"text":"Consignment account","value":"A"},{"text":"Cash account","value":"B"},{"text":"Consignor account","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244183,"question":"The unsold stock is valued at","choices":[{"text":"Original cost of the goods","value":"A"},{"text":"Market value of the goods","value":"B"},{"text":"Orginal cost price + proportionate direct expense incutred by the both consignor and consignee","value":"C"},{"text":"Cost of market pric ewhich wver is the lower.","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244182,"question":"Del-credere commission is allowed to cover.","choices":[{"text":"Normal losses","value":"A"},{"text":"Abnormal losses","value":"B"},{"text":"Loss due to bad debts","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244181,"question":"Commission due to the consignee is calculated on.","choices":[{"text":"Credit sales only","value":"A"},{"text":"Cash sales only","value":"B"},{"text":"Total sales","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244180,"question":"When the goods sent on consignment are sold by the consignee the account to be debited is.","choices":[{"text":"Cash account","value":"A"},{"text":"Consignee personal account","value":"B"},{"text":"Consignment account","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244179,"question":"Goods sent on consignment should be debited int he books of the consignor.","choices":[{"text":"Consignee account","value":"A"},{"text":"Consignment account","value":"B"},{"text":"Goods sen ton consignment","value":"C"},{"text":"Consignor account","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244178,"question":"Consignment signifies.","choices":[{"text":"Goods despatched by the owner to his agent","value":"A"},{"text":"Goods forwarded by the creditor to his debtor","value":"B"},{"text":"Goods forwarded from one place to another","value":"C"},{"text":"Goods sent by the owner to his agent for the purpose of sale.","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":244177,"question":"The persons to whom the goods are dispatched for the purpsoe of sales is called.","choices":[{"text":"Debtor","value":"A"},{"text":"Consignee","value":"B"},{"text":"Consignor","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244176,"question":"The person who sends the goods to his agent for the purpose of sale is called.","choices":[{"text":"Consignor","value":"A"},{"text":"Consignee","value":"B"},{"text":"Debtor","value":"C"},{"text":"Creditor","value":"D"},{"value":"E"}],"correctAnswer":1}]