12th Business studies

Amount invested by the owner

• Capital

• Income

• Drawing

• Asset

Identify the activities no code of conduct required

• Business

• Profession

• Employment

• None of the above

Exchange of goods and services for money or money's worth

• Business

• Trade

• Profession

• Employment

Which of the following is not a business objective

• Profit

• Growth

• Expansion

• Competition

Expenses incurred but not paid is known as ..............

Business organisation where two or more persons work together for earning profit is known as.........

Consumer protection act was enacted in the year

Two basis for preparing account of business...

• Cash basis

• Accrual basis

• Both Aand B

• None of the above

Which basis of account is recognised by companies act 2013

• Cash basis

• Accrual basis

• Both Aand B

• None of the above

How many right are available to the consumer

• 5

• 6

• 7

• None of the above