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Vijay Gupta: Your Personal Tutoring Partner

Vijay Gupta: Your Personal Tutoring Partner

I Believe In Doing Rather Than Waiting For Perfection.

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MBA/PGDM (AIMA - 2002), B.Ed (MD university - 2021)

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CA Foundation
Class 11 - 12:
Class 11 - 12:
Accountancy, Business Studies, Costing, Economics, Statistics
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College Level:
Accountancy, B.Com Tuition, B.Ed Tuition, BBA Tuition, Economics, Income Tax
MBA & BBA:
MBA & BBA:
Accountancy, BBA Subjects, Economics

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Notes

Economics Notes On Revenue

Notes On Revenue chapter Class XII CBSE

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Answer

Answer

Major Inflows: Sale of Asset, Income from any investment

Outflows      : Purchase of Asset, Purchasing shares or any other securities  

Answer

Follwing are features :-

1. They are flexible

2. They are universal

3. They have been developed through observation and experiments

4. These are contingent. 

 

Question: Why is it necessary to have a partnership deed?

Posted in: Accountancy | Date: 15th May'16

Answer

Having Partnership deed and that too in writing will help to maintain  mutual understaning between partners and avoid dispute if arises in future between partners..

Answer

1. Tangible assets are those which can be touched and seen where as intangible can't be.

2. Depreciation is charged on tangible assets whereas intangible assets are amortized as per their life time... 

Question: What is the importance of control in a business?

Posted in: Commerce Subjects | Date: 15th May'16

Answer

Control will help us to identify problems with and rectify them so that everything in organisation goes towards organisational goals.

It also help to make future planning more accurate and achive objectives effectively and efficiently. 

Question: Kindly define ‘Planning premises’.

Posted in: Business Studies | Date: 15th May'16

Answer

Planning premises are the assumptions about different factors which affect a businees so that business can prepare to face them whenever changes arise. For example change in sales tax rate, change in fashion etc..

Question: What is the importance of control in a business?

Posted in: Commerce Subjects | Date: 23rd Jun'16

Answer

Setting objectives and working on it will b of no use, if there is no control system. Control will help to find problems/deviations from actual planned things and will shape future planning. Through control company can definitely achieve its objectives..

Question: Distinguish between wholesale and retail traders.

Posted in: Business Studies | Date: 10th Mar'17

Answer

.1.wholesalers buy in bulk form manufacturers, where as Retailers buy from wholesalers in small quantities 2. Retailers are in direct contact with the consumers 3. Wholesalers bear more risk than retailers

Answer

Effect of Change in income on demand depends upon whether the product is inferior or normal or necessity. In case of inferior, there is inverse relation between income and demand. in case of normal goods, there is positive relation between income and demand. And in case of necessity, change in income will not effect demand as they are consumed whatever b the income level.

Question: What is meant by 'unemployment'?

Posted in: Economics | Date: 10th Mar'17

Answer

It refers to a situation wherein, those who want to work at prevailing wage rate don't get the work

Vijay Gupta

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