MyQuestionIcon

6

You visited us 6 times! Enjoying our articles? Unlock Full Access!

Business Studies

Importance of Training and Development

An accountant...

Question

An accountant is sent to learn the new software for accounting to prepare the books of accounts faster and accurately. He was further sent to orientation to improve his motivational and conceptual skills. The concept that explains the above.

A

Recruiter

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Training and Development

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

C

Motivational mentor

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

All of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B
Training and Development

Training and Development:

Training refers to the improvement of skill attitude, knowledge and behaviour in the performance of the job.

Development refers to the overall growth of an individual while performing a job in the organisation.

Suggest Corrections

thumbs-up

0

Similar questions

Q. An accountant is sent to learn the new software for accounting to prepare the books of accounts faster and accurately. He was further sent to orientation to improve his motivational and conceptual skills.
(i) Identify and explain the two concepts explained above.
(ii) Differentiate these concepts on the basis of suitability, method used and nature.

The drawer opens a temporary account in his books when the bill is sent to the bank for collection. The name of the account is ______

Q. There was an error in the Trial Balance of Mr. Steel on 31st March, 2015, and the difference in Books was carried to a Suspense Account. On going through the Books you find that:
(i) ₹ 5,400 received from Mr. A was posted to the debit of his account.
(ii) ₹ 1,000 being purchases return were posted to the debit of Purchases Account.
(iii) Discount received ₹ 2,000 was posted to the debit of Discount Account.
(iv) ₹ 2,740 paid for Repairs to Motor Car was debited to Motor Car Account as ₹ 1,740.
(v) ₹ 4,000 paid to B was debited to A's Account.
Give Journal Entries to rectify the above errors and ascertain the amount transferred to Suspense Account on 31st March, 2015 by showing the Suspense Account, assuming that the Suspense Account is balanced after the above corrections.

Q. Account for the reasons why the Cabinet Mission was sent to India.

Q. During the course of an accounting year, an Accountant found a difference in the tiral balance. He puts this difference in a newly opened suspense account. Subsequently, he located the following errors in his books of account:
(i) Goods purchased from Shiv for ₹ 10,000, but entered in sales book.
(ii) Received a bill receivable for ₹ 18,000 from Ganesh, but recorded in bills payable book.
(iii) An item of ₹ 4,000 in respect of purchases returns, wrongly debited to purchases account.
(iv) An item of ₹ 2,000 relating to pre-paid salary account omitted to be brought forward.
(v) Paid ₹ 1,000 on account of repair of furniture, but wrongly debited to furniture account.
Pass journal entries to rectify the above mentioned errors and prepare suspense account assuming that no error remained undetected.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Training and Development

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Importance of Training and Development

Standard XII Business Studies

Join BYJU'S Learning Program

CrossIcon