(a) Two features of a Bearer cheque:
1. It contains the words ‘or bearer’ along with the name of the payee.
2. The ownership of this cheque can be transferred by mere delivery.
(b) Capital expenditure means the expenditure the benefit of which is not exhausted within the current year but is enjoyed over a long time period. Such expenditure is of non-recurring nature and results in acquisition of permanent assets. Property acquired with the help of capital expenditure is utilised by the business for a long time and thereby it earns revenue. Thus, all expenditure incurred to acquire or increase the value of fixed assets which are used in the business for the purpose of earning revenue are called capital expenditure.
(c) Two features of a Non-trading organisation are:
1. Non trading organisations are established and operated only for the purpose of rendering services to the members and the society and not for earning profits.
2. Non trading organisation prepare:
(a) Receipt and Payment account.
(b) Income and Expenditure account.
(c) Balance Sheet.
(d) Two methods or techniques of Sales Promotion are:
1. Dealers sales promotion techniques, eg., free displays and trials, special gifts, display coupons etc.
2. Customers sales promotion techniques, e.g., free samples, coupons, premium, fair and exhibitions etc.
(e) The two advantages of a campus interview as a source of recruitment are as follows:
1. Campus recruitment is very convenient and inexpensive because employer gets help from the placement cell of the educational institute in recruitment and selection.
2. Well educated persons become available very quickly without any advertisement.
