Income earned during what period is taxed?
Anonymous Quiz
34%
Assessment year
25%
Previous year
37%
Financial year
4%
Calendar year
Whose income is chargeable to income tax?
Anonymous Quiz
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
Anonymous Quiz
28%
Indian citizen
32%
Resident in India
21%
Any person
20%
An assessee
Income-Tax Act extends to
Anonymous Quiz
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:
Anonymous Quiz
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
Anonymous Quiz
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,
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
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
4. _____ _____ indicates maximum stock to be maintained.
Anonymous Quiz
45%
a. Maximum Level
15%
b. Minimum Level
22%
c. Re-Order Level
18%
d. Danger Level
5. Economical size of order is called as _____.
Anonymous Quiz
44%
a. Production
47%
b. EOQ
5%
a. Overheads
5%
d. Labour
S.Y Exam, [20.04.21 21:04]
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Hello Dosto Me Aap Logo Ko All Subject MCQ Link Provide Kara Rha Hu Aap Is Link Par Click Kar Ke Aapni Study kar sakte ho or is link Ko Jada Se jada Dosto me Share Jarur Karna FriendsT.Y.B.COM
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Business Economics
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