Q.133 The break-even point occurs at 60% of capacity sales and PV ratio is 30%. What is the amount of capacity sales when the fixed cost is ₹1,80,000? Also find out the amount of profit at 72% of ...
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Q.97 The full form of NPV, a capital budgeting technique, is:Ans A. Net Present ValueB. Net Profitability ValueC. Non Present ValueD. Not for Profit ValuationCorrect Ans Provided: A
Q.82 Deductions from salary are given under which Section of the Income Tax Act, 1961?Ans A. 17B. 15C. 16D. 18Correct Ans Provided: C
Q.108 R, who submitted his return of income for the assessment year 2021-22 on 31st July 2021, finds some mistake in the return submitted by him. Assume the assessment order under Section 143 (3), Income Tax Act, 1961, ...
Q.91 In India, the power to levy Goods and Service Tax has been conferred by:Ans A. Article 256C of the Constitution of IndiaB. Article 246A of the Constitution of IndiaC. Article 254A of the Constitution of IndiaD. Article ...
Q.67 ____________ will be subjected to a physical verification.Ans A. Furniture and landB. Debtors and goodwillC. Goodwill and landD. Furniture and debtorsCorrect Ans Provided: A
Q.81 While computing initial cash outflow for a project, installation cost and additional working capital required should be __________.Ans A. subtracted and added, respectivelyB. addedC. added and subtracted, respectivelyD. subtractedCorrect Ans Provided: B
Q.122 As per the amendment in July 2021 in Schedule III of the Companies Act, 2013, which of the following options is the replacement of the word ‘Fixed assets’ under ‘Non-current assets’ in the Balance Sheet of an ...
Q.100 The denominator of the raw material inventory turnover ratio is:Ans A. Average raw material stockB. Cost of goods soldC. Raw material consumedD. Working capitalCorrect Ans Provided: A
Q.132 If the total assets of a firm were ₹50,000, outside liabilities are ₹30,000, then the capital contributed by the owner is:Ans A. ₹ 50,000B. ₹ 30,000C. ₹ 10,000D. ₹ 20,000Correct Ans Provided: D
