The public hospitals do not carry the activities with an intention of earning profits. Sol:

Related MCQs

• From the profits of previous three years, Rs 150000, Rs 200000, and Rs250000/- the value of goodwill at five years of purchase is ----------- Sol:
• The profits of the last three years is55000,50000,45000. Value of goodwill of 2 years purchase of average profit is Sol:
• Which of the following enhances the earning capacity of an asset?
• The term _________denotes the cost of services and things used for earning revenue
• Rules of revenue recognition determine that earning process should be either complete or near completion under:
• Which of the following is not a not-for-profit organisation: Sol:
• Which of the following is not a not-for-profit organisation ? Sol:
• In case of ……………..preference shares, the arrears of dividend are carried forward and paid out of the profits of the subsequent years.
• The shares on which there is no any pre-fixed rate of dividend is decided, but the rate of dividend is fluctuating every year according to the availability of profits, such share are called :
• Which shareholders have a right to receive the arrears of dividend from future profits :