Question
Delegation is considered as an important principle in
management. It is a part of the _______ Â management functionSolution
Organizing is the process of bringing together physical, financial and human resources and developing productive relationship amongst them for achievement of organizational goals. According to Henry Fayol, “To organize a business is to provide it with everything useful or its functioning i.e. raw material, tools, capital and personnel’s”. To organize a business involves determining & providing human and non-human resources to the organizational structure. Organizing as a process involves:
- Identification of activities.
- Classification of grouping of activities.
- Assignment of duties.
- Delegation of authority and creation of responsibility.
- Coordinating authority and responsibility relationships.
ABC Ltd., a manufacturing company, undertook a series of transactions during the financial year 2024–25. It purchased a new plant worth ₹1,000 lakh ...
Which of the following is not a taxable income under the head “Income from Other Sources”?
X, Y and Z are partners sharing profits in the ratio of 3 : 2 : 1. Y retires. X & Z agreed to share profits in the ratio of 3 : 2. Calculate gaining ratio.
Contract Accounts takes and captures which among the following costs?
The Article of a company may be altered by _____________
Under AS 6, which of the following cannot be considered a method of depreciation?
An audit firm is appointed to audit a client that has recently engaged in a major merger with a company where the audit firm’s senior partner holds sh...
Which of these is a liability arising from construction contracts under percentage-of-completion where billings exceed progress?
According to the Modigliani-Miller (MM) theory (ignoring taxes), what is the impact of debt on the value of a firm?
Which form is required for preparing the Balance Sheet of an insurance company engaged in life insurance business as per the IRDA Regulations, 2002?
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