Question
An autocratic style of leadership is most appropriate in
which of the following situations? A. The leader has greater expertise on the subject than others B. The leader is confident about acting alone C. The team will accept the leader’s decision D. There is little time availableSolution
The autocratic leadership style is effective when: • The leader’s knowledge and expertise outweigh that of the team (A), • The leader has the confidence to take independent decisions (B), • The team members are willing to accept the leader’s authority (C), and • There is urgency or time pressure that does not allow group discussions (D). In all these cases, autocratic leadership ensures quick, authoritative decisions without delay. However, it may not be suitable in environments requiring innovation, participation, or long-term motivation.
A company manufactures two products, A and B. The contribution per unit for A is ₹50 and for B is ₹60. Each unit of A requires 4 machine hours, and ...
Which form is required for preparing the Revenue account in insurance company engaged in general insurance business?
X and Y are partners in 3:2 ratio. Z is admitted and brings ₹1,00,000 as capital and ₹20,000 as goodwill. Goodwill is not to be retained in books. O...
The accounting rule, "Debit all ___________, credit all gains & income" pertains to ____ accounts.
A firm reports:
• Net sales: ₹500 lakh
• Gross profit: ₹125 lakh
• Operating expenses: ₹50 lakh
• Interest: �...
Interest payable u/s 234C is computed at
What is the limit of deduction allowed under section 80TTA of the Income Tax Act?
Customer acquisition costs (agent commissions) for one-year policies are paid upfront. Can they be capitalized as intangible assets?
What types of products and services can be procured through GeM?
The 'Goods and Service Tax Act came into force on :
Relevant for Exams:
