Market research aims to understand consumer needs and preferences.

Market segmentation is used to identify different customer needs and tailor marketing strategies accordingly.

The final account serves multiple purposes including determining net income, calculating capital balances, and profit distribution.

The final account is prepared to determine the profit or loss, assess the financial position, and distribute profits among partners.

The profit and loss appropriation account is prepared to distribute the net profit among the partners according to their profit-sharing ratio.

The primary purpose of preparing a trial balance is to ensure that the total debits equal the total credits, confirming the accuracy of the ledger accounts.

The primary purpose of preparing a trial balance is to ensure that total debits equal total credits.

Final accounts serve multiple purposes including determining net income, assessing financial position, and profit distribution.

Final accounts are prepared to assess the financial position and performance of the sole trader over a specific period.

Final accounts are prepared to provide a clear picture of the financial position of a business.

SWOT analysis is used to identify strengths, weaknesses, opportunities, and threats related to a business or project, aiding in strategic planning.

The balance sheet presents the financial position of the sole trader at a specific date, showing assets, liabilities, and equity.

Final accounts summarize the financial position and performance of a business at the end of an accounting period.

The trial balance is used to ensure that debits equal credits before preparing final accounts.

The standard rate of GST applicable on most goods and services in India is 18%.

The standard rate of GST applicable on the supply of goods and services in India is 18%.

The rate of GST applicable on the supply of most goods and services in India is 18%.

The standard rate of GST on most goods and services in India is 18%.

The standard rate of GST on most goods and services is 18%.

The rate of GST on most goods is 18%, although there are different rates for various categories.

The standard rate of GST on the supply of goods and services is 18%.

The trial balance is used to prepare the final accounts, as it summarizes all the account balances that will be reported in the financial statements.

The individual is classified as Resident and Ordinarily Resident based on the given criteria.

The individual is considered a Resident as they meet the basic condition of staying for 60 days in the current year and 365 days in the preceding four years.

An individual who stays in India for 182 days or more is considered a resident.

An individual who has stayed in India for 182 days or more during the financial year is considered a resident.

An individual who has stayed in India for 182 days during the current financial year is classified as a Resident.

An individual who has stayed in India for 182 days or more during the current financial year is considered a Resident.

A brand ambassador promotes and represents the brand, often enhancing its image and reach in the market.

The business environment provides a framework for decision-making in strategic management by influencing opportunities and threats.