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Repost from CA Final NotesForAll

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Repost from CA Final NotesForAll

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X & Co., a supplier registered under GST in Meghalaya, wants to opt for composition levy. The aggregate turnover limit for composition levy is- (a) ` 50 lakh (b) ` 75 lakh (c) ` 1.5 crore (d) none of the above

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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 ____________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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Repost from CA Final NotesForAll

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Repost from Virtual Library For CA CS CMA Students

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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 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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Repost from CA Final NotesForAll

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