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Q49
Company is having perpetual succession. This statement is-
Anonymous Poll
95%
(a) True
3%
(b) False
2%
(c) Partially true
0%
(d) Partially false
Forwarded from GST MCQ
Q43
Transportation of agricultural produces, milk, salt and food grain including flour, pulses and rice, 'relief materials meant for victims of natural or man-made disasters, calamities, accidents or mishap' - is exempted –
Anonymous Poll
13%
(a) If it is by a goods transport agency
7%
(b) If it is by a rail - within India
4%
(c) If it is by a vessel - within India
76%
(d) If it is by all of the above
Forwarded from DT MCQ
Q26
Mr. P who was born & brought up in India left for employment in Dubai on 20th August, 2018. His residential status for AY 2019- 2020 would be:
Anonymous Poll
40%
(a) ROR
27%
(b) RNOR
31%
(c) NR
2%
(d) None
Forwarded from Audit MCQ
Q37
Which of the following is not component of financial statement
Anonymous Poll
2%
(a) Profit and Loss Account
2%
(b) Balance Sheet
10%
(c) Notes to Accounts
87%
(d) Board’s Report
Forwarded from DT MCQ
Q34
Mr. P is a foreign national but a person of India origin. He visited India during PY 2018-19 for 81 days. During 4 preceding PY, he was in India for 400 days, Mr. P shall be:
Anonymous Poll
25%
(a) ROR
43%
(b) RNOR
31%
(c) NR
2%
(d) None
Q28
Who among the following cannot be the subscriber?
Anonymous Poll
3%
(a) Company
6%
(b) LLP
86%
(c) Minor
5%
(d) Body Corporate
Q64
The profits of last three years are Rs 43,000; Rs 38,000 and Rs 45,000. Find out the goodwill if it is valued at two years purchase of average profits
Anonymous Poll
21%
(a) Rs 42,000
62%
(b) Rs 84,000
14%
(c) Rs 1,26,000
3%
(d) Rs 36,000