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Q. Which among the following deals with generation of reports that are vital for management decision making? Sol:

Q. The fees are collected only once at the time of admission of a member, hence Entrance Fees should be treated as 'Revenue Receipt'.

Q. . ……………is the party who undertakes the risk in insurance.

Q. A person who take property on lease is called customer Sol:

Q. In the creditors control account, all of the below exist except:

Q. When provision for depreciation account is maintained, the amount of depreciation is debited to

Q. If the amount of super profit is negative ,what des it indicate Sol: