Practice Accounts Questions and Answers

• Which of the following is not covered under Financial Services?
• According to Payment of Bonus Act 1965, what is the minimum bonus in case of an adult payable?
• CSR committee of a Board shall consists of ________.
• In the case of Maruti-Suzuki, the Union Government surrendered partial ownership and sold the majority stake to Suzuki of Japan in the course of time. This...
• DDT is ____________.
• What is the rate of TDS to be deducted in payment or credit to a resident contractor/sub-contractor other than an individual or a Hindu Undivided Family?
• Ashutosh is a horse dealer. Tausif approaches Ashutosh for a horse. Ashutosh lends a horse which he knows to be vicious, to Tausif. Ashutosh doesn't disclo...
• Full Form of ISDA is __________.
• ___________ is the simultaneous purchase and sale of two identical commodities or instruments. This simultaneous sale and purchase is done in order to take...
• What is the threshold limit for deduction of tax at source for the dividends subject to DDT under Section 115-0?
•  IRR would favour a project proposal which has _________.
• Section ________ of the Negotiable Instrument Act determines the rule of compensation, payable by any party liable to the holder or any endorser in case of...
• windows key + up ____________.
• OPC (One person company) shall file a copy of the duly adopted financial statements to the Registrar in _________.
• Insert Hyperlink dialog box appears by pressing _________.
• __________ guides how to account for taxes on income.
• Premature withdrawal from EPF comes under which section? 
• Uncalled liability on shares and other partly paid investments will be shown under _______ head according to schedule III of Companies Act 2013.
• All the following state taxes have subsumed under the GST EXCEPT:
• The certainty equivalent is _______.
• AEPS stands for ______________.
• The rate of TDS for Rent of Land and Building, Land appurtenant to a building is:
• Bharat Interface for Money is an example of a __________.
• ARP is a manufacturing concern. They come to you with following the details: Variable Cost: ₹ 50,000 Fixed Cost: ₹ 20,000 Selling Price: ₹ 80,000 The...
• GST applies to all goods and services EXCEPT:
• The price sensitivity of the market is an important factor of ________ element of micro environment.
• E-commerce rum through network connected system. Network Connected system have two types of architecture, i.e. __________.
• An interface, that allows a user to interact with the e-commerce vendor in a two-tier architecture, is known as __________.
• While evaluating investments, the release of working capital at the end of the project life should be considered as __________.
• The following taxable services from the whole of the service tax leviable thereon under Section 66B are exempt EXCEPT:
• Under which Section, Quoting of Pan is mandatory?
• The printer which uses light emitting diodes or liquid crystals to print is ______.
• An interface that is also called Logic Tier in a three-tier architecture is known as _________.
• Which of the following Provident Fund is exempt up to 12% of employee's salary, from employer's contribution?
• The payback technique is especially useful during the time ________.
• UPI stands for ________.
• Under Section 8OU, total deduction to be allowed in case of an individual having severe disability is ________.
• To save a workbook, __________ function key should be pressed.
• Subodh and Rina go to a shop. Subodh says to the shopkeeper, "Naresh, let Rina have the goods and if she does not pay you, I will." This is a ________.
• ARP is a manufacturing concern. It came to you with the following details to know its profit: Variable Cost: ₹ 50,000 Fixed Cost ₹ 20,000 Selling Price...