Q.73 Which of the following statements is INCORRECT in the context of Net Present Value (NPV)?Ans A. NPV represents the net contribution of the project towards the firm’s wealth.B. The acceptance rule of NPV in case of mutually ...
RankiQ Discuss Latest Questions
Q.112 As per the provisions of the Income Tax Act, 1961, in case of a non-government employee, commuted pension is exempt to the extent of:Ans A. three-fourth of normal pension if the employee receives gratuityB. half of normal ...
Q.105 Deduction under Section 80 C (excluding employers’ contribution to pensions scheme or contribution made by the assessee under Section 80 CCD (1B)) of the Income Tax Act, 1961, is allowed to the extent of:Ans A. ₹2,50,000B. ₹1,50,000C. ...
Q.136 Section 24(x) of the CGST Act, 2017, makes it mandatory for who among the following to get registered under GST?Ans A. Job workersB. Charitable trustsC. Book publishersD. E-commerce operatorsCorrect Ans Provided: D
Q.98 This approach for social cost benefit analysis is mainly based on publication of UNIDO named Guide to Practical Project Appraisal in 1978. What is the full form of UNIDO.Ans A. United Nations Industrial Development OrganizationB. Unified National ...
Q.53 Which of the following CANNOT be considered as an example of conservatism?Ans A. Income or profit is the property of the business unless distributed among the owners.B. Making provisions for bad debts in respect of doubtful debts.C. ...
Q.139 Cash flow statements are prepared in accordance with:Ans A. IND AS 3B. IND AS 12C. IND AS 2D. IND AS 7Correct Ans Provided: D
Q.93 A company had incurred fixed expenses of ₹2,50,000 with sales of ₹10 lakhs. It earned a profit of ₹1 lakh during the first half of the year. In the second half of the year, it suffered a ...
Q.72 In the given statement, which of the following options fill(s) in the blank correctly?NPV method and IRR method always give __________ to mutually exclusive projects.(i) the same ranking(ii) inverse rankingAns A. Neither (i) nor ...
Q.49 Considering the provisions of the Income Tax Act, 1961, where an assessee has not exercised the option under section 115 BAC, the quantum of deduction allowed under Section 80D in case of an individual shall be limited ...
