Question

Match List I with List II

Choose the correct answer from the options given below:

• A. A-III, B-IV, C-I, D-II
• B. A-I, B-III, C-IV, D-II
• C. A-IV, B-I, C-III, D-II
• D. A-IV, B-I, C-II, D-III

Hint:

Link financial terms with common sense: - Finance cost → interest, - Depreciation → fall in asset value, - Employee expenses → wages/salaries, - Stock in trade → purchase of goods for resale.

Answer 1

The Correct Option is D

Task 1: Correlate each item in List I with its corresponding explanation in List II.
% Option (A) \textit{Finance cost} is the expense associated with borrowing, primarily interest payments — corresponds to (IV).
% Option (B) \textit{Depreciation} signifies the gradual decrease in the value of fixed assets over their useful life — corresponds to (I).
% Option (C) \textit{Employee benefit expenses} encompass costs like salaries, wages, and leave encashment — corresponds to (II).
% Option (D) \textit{Purchase of Stock in Trade} denotes the acquisition of goods intended for resale — corresponds to (III).
Task 2: Confirm the accuracy of the matching.
Option (d) presents the pairings: A–IV, B–I, C–II, D–III — this is accurate.