Question

Q. 1. Choose the correct answer:
1. Cash, Goods or Assets invested by the businessman in the business in order to
earn money is called :
(a) Profit
ib) Capital
(c) Fixed Assets (d) None of these




2. Income tax is regarded as:
(a) Trading expenses
(b) Direct expenses
(c) Personal expenses
(d) Indirect expenses.




3. Which reserve is not shown in balance sheet:
(a) General Reserve
(b) Specific Reserve
(C) Secret Reserve
(d) Capital Reserve



4. Types of Software :
(a) 5
(b) 6
(c) 4
5. Mouse is a :
(a) Input device
(b) Output device
(c) Input and Output both
(d) None of these.

please answer these questions ​

Answer 1

(1) Capital

(2) Direct Expenses

(3) secret Reaserve

(4) 4

(5)Input device

Answer 2

Q.1

1. Cash, Goods or Assets invested by the businessman in the business in order to earn money is called Capital.

2. Income Tax is regarded as indirect expenses, since it is not directly assignable to the end product or process.

3. Secret reserve is not shown in the balance sheet because it is created by intentionally hiding the actual net profit or showing net profit less than actual in the balance sheet of the organisation.

4. There are five (5) types of software:-

    a. System Software

    b. Application Software

    c. Middleware

    d. Utility Software

    e. Linux

5. Mouse is an Input device that plays an important role in navigating the cursor, displayed on the monitor of the Computer System.