In this question, the sets of numbers given in the alternatives are represented. The columns and rows of Matrix I are numbered from 0 to 4 and that of Matrix II are numbered from 5 to 9. A letter from these matrices can be represented first by its row and next by its column, e.g., O can be represented by 03,11, etc., and 'F' can be represented by 55, 68, etc. Similarly you have to identify the set for the word 'BEAD'
The Business Entity concept is also called as Separate Entity or Economic Entity concept. This concept states that the transactions and all the balances related or associated with a business must be recorded or accounted separately from other businesses or the individual personal transactions.