With respect to the respective trends of the three variables, [viz, (i) vehicle sales, (ii) sales revenue and (iii) profits,] which of them have shown identical trends over the periods shown:

(i) and (ii) only

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

(ii) and (iii) only

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

(i) and (iii) only

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

All three

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

Open in App

Solution

The correct option is B (ii) and (iii) only
The trends of sales value and profit are exactly identical. Sales volume has shown a deviance from the trend if the two variables in 1998 - 99.

Suggest Corrections

Similar questions

Q. Under which head following revenue items of a non-financial company will be classified or shown:
(i) Sales; (ii) Revenue from Services Rendered; (iii) Sale of Scrap; (iv) Interest Earned on Loans; and (v) Gain (profit) on Sale of Investments?

Q. Under which head following revenue items of a financial company will be classified or shown:
(i) Gain (Profit) on Sale of Building; (ii) Revenue from Project Consultancy Rendered; (iii) Sale of Scrap; (iv) Interest earned on Loans; and (v) Gain (Profit) on sale of Investments?

Q. Under which head following revenue items of non-financial company will be classified or shown:
(i) Gain (Profit) on Sale of Fixed Asset; (ii) Fee Received for Arranging Loans; (iii) Interest on Loans Given; (iv) Gain (Profit) on Sale of Investments and (v) Sale of Miscellaneous Items?

The realisation concept determines when goods sent on credit to customers are to be included in the sales figure for the purpose of computing the profit or loss for the accounting period. Which of the following trends to be used in practice to determine when to include a transaction in the sales figure for the period. When the goods have been:

a. dispatched	b. invoiced
c. delivered	d. paid for

Give reasons for your answer.

Q. The sale of consecutive three years of an industry are shown below.

Year	Product group (Sales)	Product X (Sales)	Sales of product X (Percent)
2014	1,20,000	24,000	20
2015	1,25,000	26,250	21
2016	1,40,000	30,800	22

If the forecast for the year 2017 is Rs. 1,60,000 then according to trend, the sales of product X for the year 2017 is

Join BYJU'S Learning Program

With respect to the respective trends of the three variables, [viz, (i) vehicle sales, (ii) sales revenue and (iii) profits,] which of them have shown identical trends over the periods shown:

The correct option is B (ii) and (iii) onlyThe trends of sales value and profit are exactly identical. Sales volume has shown a deviance from the trend if the two variables in 1998 - 99.

The correct option is B (ii) and (iii) only
The trends of sales value and profit are exactly identical. Sales volume has shown a deviance from the trend if the two variables in 1998 - 99.