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Q:1 As per section ___________ of the Banking Regulations Act 1949, every banking company shall prepare a balance sheet and profit and loss Account, in the Forms set out in third schedule.
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CA INTERMEDIATE
A statement as to auditor's believing that the audit evidence, we have obtained is sufficient and appropriate to provide a basis for their opinion is mentioned in which section of the auditor's report?
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Bull Market Is called __________.
(a) A market in which stock price is increasing consistently
(b) A market in which stock price is decreasing consistently (c) Both (a) and (b) (d) None of the above
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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
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Repost from CA Final NotesForAll
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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
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
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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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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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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Process which integrates flow supplies into through and out of an organisation
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Repost from CA Final NotesForAll
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Invoice shall be prepared in ___________ in case of taxable supply of
goods and in _____________ in case of taxable supply of services.
(a) Triplicate, Duplicate (b) Duplicate, Triplicate (c) Duplicate, Duplicate (d) Triplicate, Triplicate
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Which is not the benefit of Automating business process ?
a) Quality & Consistency
b) Governance & Reliability c) Structured & Easy d) Visibility
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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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Repost from CA Final NotesForAll
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