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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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CA INTERMEDIATE Which of the following holds that a country can increase its wealth by encouraging exports and discouraging imports 1 Capitalism 2 Socialism 3 Mercantilism 4 Laissez faire
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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 Which of the following culminated in the establishment of the World Trade Organization? 1 The Doha Round 2 The Tokyo Round 3 The Uruguay Round 4 The Kennedy Round
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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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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 An assessee liable to pay advance tax is not liable to pay interest u/s 234B if the advance tax paid by him is not less than (A) 90% of advance tax payable by him (B) 80% of advance tax payable by him
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