T.Y.B.com Semester Pattern
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Income earned during what period is taxed?
Anonymous Quiz
34%
Assessment year
25%
Previous year
37%
Financial year
4%
Calendar year
One who is liable to pay the income tax in India
Anonymous Quiz
28%
Indian citizen
32%
Resident in India
21%
Any person
20%
An assessee
In a non-integrated system of accounting, the emphasis is on,
Anonymous Quiz
23%
Personal accounts
23%
Real accounts
23%
Nominal accounts
31%
All of these
Cost and financial accounts are required to be reconciled under
Anonymous Quiz
16%
Integral system
48%
Cost control accounts system
33%
Under both (a) and (b)
3%
None of these
Which of the following accounts makes the cost ledger self-balancing?
Anonymous Quiz
6%
Overhead adjustment account
50%
Costing P&L account
33%
Cost ledger control account
11%
None of the above
A document which is a classified record of material issues, returns and transfers
Anonymous Quiz
25%
Materials Requisition Note
31%
Materials Return Note
22%
Materials Transfer Note
22%
Materials Issue Analysis Sheet
1. The most important element of cost is _____.
Anonymous Quiz
47%
a. Material
22%
b. Overheads
11%
c. Labour
20%
d. Chargeable Exp.