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Home/19/01/2022 9:00 AM - 12:00 PM/Page 3

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Asked: July 27, 2023

Date: 19/01/2022 Shift: 9:00 AM – 12:00 PM Q. No: 112

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Q.52 ASBA is an application by an investor containing an authorisation to a Self-Certified Syndicate Bank (SCSB) to block the application money in the bank account, for subscribing to an issue. The full form of ASBA is:Ans A. ...

19/01/2022 9:00 AM - 12:00 PMSenior Accountant
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Asked: July 27, 2023

Date: 19/01/2022 Shift: 9:00 AM – 12:00 PM Q. No: 121

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Q.61 Absolute liquidity ratio is calculated using which formula?Ans A.B.C.D.Correct Ans Provided: D

19/01/2022 9:00 AM - 12:00 PMSenior Accountant
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Asked: July 27, 2023

Date: 19/01/2022 Shift: 9:00 AM – 12:00 PM Q. No: 107

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Q.47Ans A. 25%B. 20%C. 12%D. 15%Correct Ans Provided: A

19/01/2022 9:00 AM - 12:00 PMSenior Accountant
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Asked: July 27, 2023

Date: 19/01/2022 Shift: 9:00 AM – 12:00 PM Q. No: 166

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Q.106 Given the following information, calculate the payback period.A proposal requires a cash outflow of ₹20,000 and is expected to generate cash inflows at the end of each year of ₹8,000, ₹6,000, ₹4,000, ₹2,000 and ₹2,000 over ...

19/01/2022 9:00 AM - 12:00 PMSenior Accountant
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Asked: July 27, 2023

Date: 19/01/2022 Shift: 9:00 AM – 12:00 PM Q. No: 137

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Q.77 Which of the following statements is correct in the context of inventory valuation?Ans A. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction ...

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Asked: July 27, 2023

Date: 19/01/2022 Shift: 9:00 AM – 12:00 PM Q. No: 171

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Q.111 As per the provisions of the Income Tax Act, 1961, filing of return of loss in case of a person other than a company or a firm is:Ans A. mandatory if the assessee has to carry forward ...

19/01/2022 9:00 AM - 12:00 PMSenior Accountant
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Asked: July 27, 2023

Date: 19/01/2022 Shift: 9:00 AM – 12:00 PM Q. No: 117

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Q.57 Which of the following annexures of form 24Q is/are optional in the first three quarters but mandatory to furnish in the last quarter giving actual particulars for the whole year?(i) Annexure I(ii) Annexure II(iii) ...

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Asked: July 27, 2023

Date: 19/01/2022 Shift: 9:00 AM – 12:00 PM Q. No: 163

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Q.103 Which of the following is/are audit procedure(s) to obtain audit evidence?(i) Inspection(ii) Observation(iii) External confirmationAns A. Only (iii)B. Only (i) and (ii)C. Only (i)D. (i), (ii) and (iii)Correct Ans Provided: D

19/01/2022 9:00 AM - 12:00 PMSenior Accountant
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Asked: July 27, 2023

Date: 19/01/2022 Shift: 9:00 AM – 12:00 PM Q. No: 161

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Q.101 An American company which is listed in the stock exchange abroad can raise money from Indian investors by selling (issuing) shares through an instrument called _________________.Ans A. American Depository ReceiptB. International Depository ReceiptC. Global Depository ReceiptD. Indian ...

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Asked: July 27, 2023

Date: 19/01/2022 Shift: 9:00 AM – 12:00 PM Q. No: 167

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Q.107 Assuming the debt to equity ratio to be 2, which of the following transactions would result in an increase in the given ratio?Ans A. Conversion of debentures worth ₹50,000 in equity sharesB. Sale of fixed asset at ...

19/01/2022 9:00 AM - 12:00 PMSenior Accountant
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