Millionaire Mode

Manager's commission on net profit - class-XI

Question 1 of 58

Which of the following statements is not true ?

  1. Joint venture is a going concern.
  2. Joint venture is terminable in nature.
  3. Joint venture does not follow accrual basis of accounting.
  4. The co-venturer shares the profit in agreed ratio.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000