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CA INTERMEDIATE
Contingencies are –
(A) Added to gross working capital (B) Deducted from gross working capital (C) Contingencies are not considered in financial management; it is considered in accounts only (D) None of the above
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CA INTERMEDIATE
Ratio of net profit before interest and tax to sales is:
1 Gross profit ratio 2 Net profit ratio 3 Operating profit ratio 4 Interest coverage ratio.
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CA INTERMEDIATE
Interest payable by a non-corporate assessee for deferment of advance tax is
(A) 1.03% p.m. (B) 15% p.a. (C) 18% p.a. (D) 1% p.m.
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CA INTERMEDIATE
Cut-off testing is performed during audit of sales to address which of the following assertion:
1 Occurrence 2 Measurement 3 Completeness 4 Existence
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CA INTERMEDIATE
Interest payable by a non-corporate assessee for deferment of advance tax is
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CA INTERMEDIATE
During the course of audit of intangible assets, expenditure incurred during which of the following phase is generally not capitalised:
1 Research phase 2 Development phase 3 Both (a) and (b) 4 None of the above
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CA INTERMEDIATE
____________may be defined as the cost of raising an additional rupee of capital:
1 Marginal cost of capital 2 Weighted Average cost of capital 3 Simple Average cost of capital 4 Liquid cost of capital
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