CA Inter NotesForAll
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Where the goods being sent or taken on approval for sale or return are
removed before the supply takes place, the invoice shall be issued:
(a) before/at the time of supply (b) 6 months from the date of removal (c) Earlier of (a) or (b)
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CA FOUNDATION 🏆
Which one of the following refineries, operated by BPCL, has the highest Capacity of 13 million metric tonnes per year?
(a) Mumbai Refinery (b) Kochi Refineries (c) Bina Refinery (d) Numaligarh Refinery
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The process of estimating future demand by anticipating what buyers are likely to do under a given set of marketing conditions:
(a) Cross Marketing
(b) Forecasting (c) Market Development (d) Internal Marketing
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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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Services does not fall under reverse charge
provisions as contained under CGST Act?
(a) Services supplied by tribunal to entity located in Ladakh (B) Service of renting of motor vehicle for passengers provided to a recipient other than corporate
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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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______ are necessary for the study of trends and direction of movements in the financial position and operating results of a concern.
(A) Trend ratios
(B) Cash flow statements (C) Common size statements (D) Comparative statement
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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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What is the validity of the registration certificate granted under GST for
a normal tax payer?
(a) One year (b) Two years (c) Valid till it is cancelled (d) Five years.
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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
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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Section 139(1) relates to?
1 Normal Return 2 Loss Return 3 Belated Return 4 Revised Return
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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
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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The firm decided to have an online assistant for its clients to provide complete details regarding taxation, registration and filling of various forms and solve their queries. This is an example of _________ application.
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