Diploma in Vocation (Accounting and Auditing)

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Diploma in Vocation (Accounting and Auditing)

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Which of the following is not used in Capital Budgeting?

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According to which rule of interpretation old statutes should be interpreted as they would have been at the date when they were passed?

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Capital Budgeting Decisions are:

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Stock is valued at ______________

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Rebate of Income tax is defined as per section …………….

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Turnover limit for Tax Audits

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In the balance sheet amount of total assets is Rs.10 lac, current liabilities Rs.5 lac& capital & reserves are Rs.2 lac. What is the debt equity ratio?

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CBDT stands for ………………………….

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Nominal ledger includes______________

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As per Income tax Act, Person includes ……………

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Which of the following is not true with reference capital budgeting?

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Which of the following is not incorporated in Capital Budgeting?

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Debt Equity Ratio is 3:1,the amount of total assets Rs.20 lac,current ratio is 1.5:1 and owned funds Rs.3 lac.What is the amount of current asset?

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Sales ledger includes ____________________

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Accounting Standards are beneficial not only to the business enterprises but also to the………….. as well.

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Audit of ledger includes______________

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Income tax rates are fixed in…………….

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The auditor will examine cash sales on the basis of ______________

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According   ________   rule of interpretation meaning of word should be known from its accompanying or associating words?

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Income tax is a………………….

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Capital Budgeting deals with:

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Which of the following is not a capital budgeting decision?

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Capital Budgeting is a part of:

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.…………….reporting helps uses of financial statements to better assess the risk and t returns of the enterprise.

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Where in an enactment, there are two provisions which cannot be reconciled with each other; they should be so interpreted that, if possible, effect may be given to both. This is what known as the_____________

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. Section 2(9) of Income tax deals with………….

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An asset is a

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If a company revalue its assets, itsnet worth:

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________   means that contemporaneous exposition is the best and strongest in law?

 

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What is the primary purpose of a business plan?

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The long-term use is 120% of long-term source.This indicates the unit has

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A person with the age of ………… or more is considered as a super senior citizen as per Income tax Act.

 

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Investment made by government as equity in the ownership of an enterprise is known as ------------

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Sales return should be examined on the basis of ______________

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AS -26 deals with the treatment of costs of……………in financial statements.

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AS-7 deals with accounting for construction contracts in financial statements of

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Interpretation of statute should not be given a meaning which would make other ________ provisions?

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Income Tax Act came into force on…………

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Income Tax Act was passed in the year……….

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Rule of ejusdem generic is applicable when __________  ?

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If a company issues bonus shares the debt equity ratio will

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There is no need for presumptions?

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The important objective of accounting standards is to the …………. diverse accounting policies and practices at present in use in India.

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Which section of a business plan describes the organizational structure and key team members?

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What is the purpose of a risk analysis in a business plan?

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Cost auditor is appointed by

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The accounting standards Board (India) was formed by the Institute of Chartered Accountants of India in April---------------

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In the Balance sheet of a firm, the debt equity ratio is 2:1 The number of long-term sources is Rs.12 lac. what is the amount of tangible net worth of the firm?

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Banks generally prefer Debt Equity Ratio at:

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Govt. grants become -----------because of non-fulfilment of the conditions attached to that grant.

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AS 15 deals with the accounting for retirement benefits in the financial statements of --------------

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Credit Purchases are verified on the basis of ______________

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Accounting Standards in India are Issued by the ………….

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Audit Note Book contains: ---------------------------------------------------------

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The minimum exceptional limit of income is……………….

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Which of the following is not a relevant cost in Capital Budgeting?

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Which section of a business plan typically includes financial forecasts?

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Why is market analysis an important component of a business plan?

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A sound Capital Budgeting technique is based on:

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Environment audit is examination of effectof