Match List - I with List - II.
List - I List - II (A) Value of output (I) Sales + Change in stock (B) Operating surplus (II) Sales + Change in stock - Intermediate consumption (C) Profit (III) Rent + Interest + Royalty + Profit (D) Value added (IV) Corporation tax + Undistributed profit + Dividend
Choose the correct answer from the options given below :
Match List - I with List - II.
| List - I | List - II | ||
|---|---|---|---|
| (A) | Value of output | (I) | Sales + Change in stock |
| (B) | Operating surplus | (II) | Sales + Change in stock - Intermediate consumption |
| (C) | Profit | (III) | Rent + Interest + Royalty + Profit |
| (D) | Value added | (IV) | Corporation tax + Undistributed profit + Dividend |
Choose the correct answer from the options given below :
Solution
✅ Correct Option: 3
Value of output = Sales + Change in stock, so (A)-(I).
Operating surplus = Rent + Interest + Royalty + Profit, so (B)-(III).
Profit = Corporation tax + Undistributed profit + Dividend, so (C)-(IV).
Value added = Sales + Change in stock - Intermediate consumption, so (D)-(II).
Correct matching: (A)-(I), (B)-(III), (C)-(IV), (D)-(II).
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