Hello,
I Request To given me cpt exam june-2010 answer following are qusation.
1) A company issues shares at Rs- 10 per share and forfieted shares on which Rs-8 each has been paid up. minimum price of re-issue of shares is ---------
A) 10 B) 8 C) 5 D) 2
2) Bill receivable discounted is recorded in ?
A) Journal B) Ledger C) Cash book D) none of these
3) A price list belongs to the categary of----------
A) Answer to queries B) A offer C) Invitation of offer D) Acceptance to offer
4) When demand is increases 20% and income is increases 10 % what will be income elasticity of demand ?
A) - 2 B) 3 C) 2 D) 4
5) In straight line demand curve touches two axies x and y while touches y axies the price elasticity of demand is------------
A) Infinity B) Zero C) Both of these D) None of these
CAclubindia
