[{"id":244371,"question":"The objective of charging depreciation on fixed assets is.","choices":[{"text":"Calculate the true net profit","value":"A"},{"text":"To provide funds for the replacement","value":"B"},{"text":"To redue the tax libility","value":"C"},{"text":"All of the above","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":244370,"question":"Value of the good will is calculated under capitalization formula.","choices":[{"text":"Average profit / reasonable return x 100","value":"A"},{"text":"Resonable return / average profit x 100","value":"B"},{"text":"Averager profit x 100 / resonable return","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244369,"question":"The retired is one who has","choices":[{"text":"Died","value":"A"},{"text":"Withdraw his capital","value":"B"},{"text":"Bought his capital","value":"C"},{"text":"Decreases his capital","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244368,"question":"The which is calculated at the time of retirment of partner is","choices":[{"text":"Gaining ratio","value":"A"},{"text":"Serching ratio","value":"B"},{"text":"Capita ratio","value":"C"},{"text":"New ratio","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244367,"question":"Registered company is","choices":[{"text":"2","value":"A"},{"text":"3","value":"B"},{"text":"4","value":"C"},{"text":"5","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244366,"question":"Kind of company is.","choices":[{"text":"2","value":"A"},{"text":"3","value":"B"},{"text":"4","value":"C"},{"text":"5","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244365,"question":"A situation where a company receives more application than actual number of shares offered to the public for subscriptions is termed as.","choices":[{"text":"Oversubscription","value":"A"},{"text":"Udner subscription","value":"B"},{"text":"No subscripition","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244364,"question":"A situation where a company receives application for a less number of shares than offered to the public for subscription is termed as.","choices":[{"text":"Oversubscription","value":"A"},{"text":"Under subscription","value":"B"},{"text":"No subscription","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244363,"question":"The owner wquity in a company is commonly called.","choices":[{"text":"Shareholder equity","value":"A"},{"text":"promotors equity","value":"B"},{"text":"Directors equity","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244362,"question":"premium on issue of shares is shown in.","choices":[{"text":"Assets side of balance sheet","value":"A"},{"text":"Liabilities side of balance sheet","value":"B"},{"text":"Trading account","value":"C"},{"text":"Profit and loss account","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244361,"question":"The amount of share capital with which a company is registered is called.","choices":[{"text":"Authorized capital","value":"A"},{"text":"Issued capital","value":"B"},{"text":"Paid up capital","value":"C"},{"text":"Called up capital","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244360,"question":"The debentures which does not carry any charges o the assets of the company.","choices":[{"text":"Simple debentures","value":"A"},{"text":"Mortagage debentures","value":"B"},{"text":"Redeemable debentures","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244359,"question":"Ordinary shares are also known as.","choices":[{"text":"Equity shares","value":"A"},{"text":"Deffered shares","value":"B"},{"text":"Bonus shares","value":"C"},{"text":"Preference shares","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244358,"question":"Premium on issue of share is a.","choices":[{"text":"Capital profit","value":"A"},{"text":"Business loss","value":"B"},{"text":"Revenue profit","value":"C"},{"text":"Revenue loss","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244357,"question":"The face value of the share is also known as.","choices":[{"text":"Book value","value":"A"},{"text":"Par value","value":"B"},{"text":"Market value","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":2}]