CA Inter NotesForAll
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Return on investment (ROI) is calculated to measure
(A) Long-term solvency of a business
(B) Earning power of net assets of the business (C) Short-term liquidity position of business (D) Goods sold and inventory level of business
6 840
Which type of assurance is provided by internal control?
a) Absolute
b) Guarantee c) Reasonable d) Accurate
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Which is not the benefit of Automating business process ?
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Repost from CA Final NotesForAll
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Reasonable assurance is a_____ level of assurance
a) low
b) limited c) absolute d) high
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A Ltd. has been assigned a Cash Credit limit of INR 20 lacs as against its Book Debts furnished as
security. What kind of Security creation is it?
a) Pledge b) Mortgage c) Assignment d) Set-off
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There are different nature and types of businesses that are operated with purpose of
earning profit.
a) Two b) Three c) Four d) Five
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Who is not user of XBRL ?
a) Government
b) Accountants c) Data Providers d) Strategists 68. Which has less ac
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