Which of the following is a direct income? MCQ with Answer and Explanation
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Question #1
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S1: SEBI regulates the capital markets in India. S2: SEBI was established by an executive order. Which statement(s) is/are correct?
Correct Answer: Option A
Explanation:
SEBI regulates the capital markets to protect investors and promote development. It was initially set up by an executive resolution in 1988, but it was given statutory powers by the SEBI Act, 1992. S1 is correct, S2 is incorrect as it is now a statutory body.
SEBI regulates the capital markets to protect investors and promote development. It was initially set up by an executive resolution in 1988, but it was given statutory powers by the SEBI Act, 1992. S1 is correct, S2 is incorrect as it is now a statutory body.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #2
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The 'Dividend Payout Ratio' is:
Correct Answer: Option D
Explanation:
DPR measures proportion of earnings distributed as dividends.
DPR measures proportion of earnings distributed as dividends.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #3
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A: Flexible budget is prepared for a range of activity levels. R: It helps in performance evaluation at different actual activity levels. Choose the correct option.
Correct Answer: Option D
Explanation:
A flexible budget is designed to change with the level of activity, providing budgeted costs for various levels. This allows management to compare actual performance with the budgeted costs for the *actual* level of activity, aiding in fair performance evaluation. R correctly explains A.
A flexible budget is designed to change with the level of activity, providing budgeted costs for various levels. This allows management to compare actual performance with the budgeted costs for the *actual* level of activity, aiding in fair performance evaluation. R correctly explains A.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
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