Question : Read the following statements of Assertion (A) and Reason(R) and choose the correct alternative: Assertion (A): Consumer must save environment by avoiding waste,littering and contribution to pollution. Reason (R): It is a right of consumer to save the environment.
Option 1: Both A and R correct and R is the correct explanation of A.
Option 2: A is correct and R is wrong.
Option 3: A is wrong and R is correct
Option 4: Both A and R are correct but R is not the correct explanation of A.
Correct Answer: A is correct and R is wrong.
Solution : It's the consumers responsibility to respect the environment. Consumer is responsbile to save the environment by avoiding waste littering and contribution to pollution. It is not the right of a consumer to save the environment but it's the responsibility of him.
Hence, option B is correct.
Question : Assertion A:- In many situations, the accountant has to make a choice out of alternatives available, e.g., choice in the method of inventory valuation, choice in the method of depreciation (straight line or written down value)
Reason R: - The subjectivity is inherent
Question : Read the following statements of Assertion (A) and Reason(R) and choose the correct alternative: Assertion (A):Business is a part of a society as it uses scarce resources of the society. Reason (R): Principle of management suggest that the organisation should only
Question : Assertion: The management process is continuous and ongoing.
Reason: It involves a series of interconnected functions that are performed repeatedly.
Question : Assertion (A): High levels of human capital imply not only high earning potential but also a shift in the social and economic landscape. Reason (R): It alters one's style of thinking and enables one to come to informed and logical judgments.
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