Practice Accounts Questions and Answers

• 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...
• ___________ is a capital budgeting technique which does not require the computation of the cost of capital for decision making purposes.
• When two or more companies come together to expand their business operations in a newly created entity, it is called _________.
• Which of the following is NOT a best practice under Green Computing?
• Which instance of SaaS allows users to explore functionality of web services such as Google Maps, Payroll Processing and Credit Card Processing Services et...
• From 1st April 2010, non-furnishing of PAN to the deductors results in TDS at much higher rate of ________ or even more.
• Which license option has to be selected in case of shifting tally license from one computer to another?
• An interface that communicates with other tiers in a three-tier architecture structure is known as ________.
• Company A sold machinery having a WDV of ₹ 40 lakh to Company B for ₹ 50 lakh (FV ₹ 50 lakh) and the same machinery was leased back by Company B To C...
• The level at which a fresh order should be placed for the replenishment of the stock is known as ______.
• An interface that allows user to store data in a two-tier architecture is known as _______.
• Offences Committed under the Negotiable Instruments Act can be ________.
• Any long-term capital loss can be carried forward to the next following eight assessment years and can be set off only against _______ in those years.
• The LN function in Ms Excel 2010 returns the ________.
• In which option does the macros feature in MS PowerPoint 2010 exist? 
• For calculation of House Rent Allowance under Section 10(13A), the salary is to be considered the following, EXCEPT:
• As an auditor you came across a situation where related party transactions have taken place. Which AS deals with it?
• The delivery of goods by one person to another as a security for the payment of a debt is called__________.
• Under which menu heading does a balance sheet fall in Tally ERP 9?
• Annual Return is to be filed by every company within ________ days of its Annual general meeting.
• For an assessee required to file transfer pricing report under Section 92 E, the due date is _________ of relevant assessment year.