commerce mock test 1
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LA S CDmrm r1:1 2007 lo f l4[ CIVIL SERVICES (PRE) EXAMINAT.ION, 2007 )
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\rrounting Conrrpts. ~ t n d n h< . \ . - . ~ . . . . r u n (A): Aet,:ounts prep:m:d hy 4dh
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LA CDIIJJIIt'J( I JO
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c. Prcpanarion orproIii and IO is uccount ofpartnership finn.w.WVc.. s 6,00.000ct Rs-l.flil.OO(J
13. Sub CtipMnsl'
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I.A.S. Cnmmch : l l 0 \ 1Eq uity slmrc.- of U 10' coch . 8.00.000
LL,OO,OOOA d d i t u a l l n f n n . 1 1 i ~Profilan Ia: c t ~ l of Indind. LllC-11 Fund AuditorsAsSUion ( . \) :The duty ofdie auditor is loP 'l' ' the ooudil l'eJlOri nd s1gu il.Roason (R) : It i not tho duty ofOte auditor tosec ~ t 3 t his report ~ lx:cn se.tt 10 b a n : b o l l l e r sCod...,;: Bo th Aami R 3re individuolly tnte nnd R ;,
the eot:n:udiruris Mt u i u l l l t hK1k intuthc >ole 1 hao"-utuol bcnetitsociclyWhl is an oudit of< l
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LA CJ:rmml'fa DOT
4, Money sbown a woges byentcnn dumm yn.o:mes
'odes:\L U-1.1.'-h. A I, B-4, C-2
o. AL.D-3. C'-2d. A-2, B-4. C'-1
d. A-2. 13-3, C--l Dl\\1lll t is tltc most ttn)>Ot'bnt objective Qf internalliVdit 7b. Facilit1ting linn l ouditc. Thtrl) finali, utioo (of annual accQunlSll Ensuring
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LA.S. JJOT
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d. Kclk:JrTheC'nmmi llee constituted by SEBiundar dieeltoininsbi11o(Judicc Dr. Dhouulorhad whtehufdie Jolluwing tOlltlS ofrefertnec 7L R c \ ~ w l lf ntcr3lio . die SED Act. SCR.
A c ~ l.lepo
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B. Voyagepo lkyC.. Bloek policyD .lniSon
Llstll,1, lluuwlng o ' f c e ~ n i n C.11'802. Va lue i decided at dietirnfl'onningpolicy3. Lloyd' As>odnlion4, Lmd ond eo risll5 CorgoCodes:u. A3, B-1. C-2. 01b, ;\ -I, B-5. 1 ) . ~d, AI, B-4, C-2,1).3Cm''"'luepti l Luss ' t l i ~ y ts an e.-mple ofu r u n c e of;;a , Jl x isling a sdSc. Re-msuranc..,
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8:1, 1\lntch List-1 whh Ll>1-H and selt:etthc correctQliJWC " by using the 0000< @iVenbelowtlte Jist< :
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Li.D-4c. A-3, .0-2 C-L D-4
Jfecled by the pO&;ibility o f i n t e t \ ~ e w e r
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d. RoJ\:rences have a limited role tn the 93 .seloction p r o e e - ; ~ lor cmp luymen tWbidl one ofllto fu llo1ving ~ t e m c n l l l bc tt
eXpla in the c : t l a principk ?a. Superiors c.1nnol cscr.p c ros iJOMibiliticsfor org.anising i e s of their suhnrdiual ey
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c. }.J;uul -. humno heha\1our pproaehd. role appro ncbMtiCh oneof he fo iiOWini SIJltemenl is
o t ~ n - e cBounded ration lily llfll'Och to dedionruoking cosults ina. ma.ximising d e c i ~ ic con tingent dc.:lsivnd. tistactol')' doci>ionin Lhe ontextof'luerarch ical n : t h m . ~ g f - p n r n B twbich one of Uofo llowins, is tl>c c:orrco:thier.ud1y 7a Objwti\'es- lmtcgics-buqgct
p r o ~ r a m m eb. S t r a < : g i e . . o b j ( : ( : [ v ~ p o c i e s procedurcse. O b j e c t i v e s - s t r n l ~ : g i e s p o i c i < : i - l ) u d g : t sU JIIQfhhilij.
Wlucb one of thcfo llowingstaiemenls correct?lo I'J.lRT chart. lhe ccitiool path ia the6e r t ~ u l C\t1JISand octivitics mhe project
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.:-. llole;osttimc consumrng sequence of vtnll>und llCtlvill"-"d. tho .:nd pinl' filJJ TC:St' e
ITowtltome Espc 'imcnl?I. pP)l)uctivity mL'I'CaSes os worket' li:elbupoltluUo. n:Sul ol'bcing noticed2 Pr(l Ole ofgm11 th ofnn enlc1111i.uglluul t h ~ Y"" '2. decisions needed to allnin obj:U\'C.Wluc l of he statements "..,.., ;boveoorrect 'Io. I onlyb. 2nly-'''''' ''. Neitl1cr I nor 2
o r k ~ performing work ltJ\'oJ,lng eqi.IJII ~ k i l lhutgr< btrisk arc poid some nmooo t al)ow theminimum wnge. Wbot this amount referred 10.. 1a. Re nJ wageb. i ~ c wagee. Fain,ageConsider the f o l l o w i n ~ s t a c m c n t s ;noe prmclple urspan o nanng
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LAS o m m I ' C ~ 2J'JIJ7
Jn.spo:uond, Dol)'I02. Cqn.sidt:r the roll tm g ~ l f m . : n t s in tile octmextof record m.an:tgcntt'n l:I. n on ly objective is lo ens=
ovo llobility of infcmnation for n o t t n de.: Sion-mllk ng2 .f'ro
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L S Cnmmrntl2D07
b. He i.s an S'Ill or l1e Board otoiro::tors vis~ - , ~ $ l h c Sllltl; b r o h o M r IIJld otJ.;toroef:\
d. He >:tn officer in charge oftl1e o o n . t r w lwork in the o m p ~ n yl . Co.nl idcr Ulcfollowing SIJiltmlCUI. :n,e o m p a n ~ mall by v r 1 H ~ c y reso lution
l. 1.10n\'l consent to doso
d, Articloo p c m t l ~ u c l t un olter tion by anordinary r e ~ o u t i o n
113. Wbiclt one of the CoUowintp blemeuls i>cor=t?In companic:s, where tho Atticlcllfmidc lhM (1n:ctor shnll ho ld qoolltic:nion h ~ ' theeshores blust boacquireda, before lhe llefJOn can be coosidered fm
clircctorshij>b. M pre-con dition lo his huldinglhe office of
d i r c ~ l o c. as soon : IS be 3ssam s lhe otl iceof hedirector
I t 1. \Vbic:b ofU1eJXIWcr"'orn dircclf1r cao only hee:
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U .S. Cnmm ' 2007
l.istl C o n u n l t l