Income earned during what period is taxed?
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34%
Assessment year
25%
Previous year
37%
Financial year
4%
Calendar year
Whose income is chargeable to income tax?
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29%
Income of only Indian citizens
11%
Income of only residents
26%
Income of all persons
34%
Income of only assesses
One who is liable to pay the income tax in India
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28%
Indian citizen
32%
Resident in India
21%
Any person
20%
An assessee
Income-Tax Act extends to
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60%
Whole of India
25%
Whole of India except Jammu & Kashmir
10%
Whole of Maharashtra only
5%
None of these
A.O.P should consist of:
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23%
Individual only
32%
Person other than individual only
32%
Both the above
13%
None of these
This represents the total value of finished goods in stock
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19%
General Ledger Adjustment Account
22%
Stores Ledger Control Account
22%
Work-in-Progress Ledger
38%
Finished Goods Control Account
In a non-integrated system of accounting, the emphasis is on,
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23%
Personal accounts
23%
Real accounts
23%
Nominal accounts
31%
All of these
Cost and financial accounts are required to be reconciled under
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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?
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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
Mumbai University News and Update / Mumbai is celebrating the birth anniversary week of Mahatma Jyotirao Phule | https://www.surajpateleducation.com/2021/04/mumbai-university-news-and-update.html
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Mumbai University News and Update / Mumbai is celebrating the birth anniversary week of Mahatma Jyotirao Phule
Mumbai University News and Update , Mumbai is celebrating the birth anniversary week of Mahatma Jyotirao Phule, Institute of Distance and Open Learni
1. The most important element of cost is _____.
Anonymous Quiz
47%
a. Material
22%
b. Overheads
11%
c. Labour
20%
d. Chargeable Exp.
2. Request to the supplier to supply material is an _____.
Anonymous Quiz
23%
a. re-order
55%
b. Purchase Order
17%
c. Sale invoice
6%
d. Maximum Level
3. _____ _____ are fixed to control inventory.
Anonymous Quiz
17%
a. Maximum Level
21%
b. Minimum Level
18%
c. Re-Order Level
44%
d. Inventory Levels