NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 957 - 960 of 1264

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Question number: 957

» Financial and Management Accounting » Basic Accounting Concept

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Appeared in Year: 2009

MCQ▾

Question

Accounting Standard on the “Effect of Changes in Foreign Exchange Rates” is (December)

Choices

Choice (4) Response

a.

AS 11

b.

AS 13

c.

AS 18

d.

All of the above

Question number: 958

» Human Resources Management » Incentive and Fringe Benefits

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Appeared in Year: 2018

Match List-Ⅰ List-Ⅱ▾

Question

Match the items of List I with the items of List II and choose the correct answer from the code given below. (December)

List-Ⅰ (Coloum-1) List-Ⅱ (Coloum-2)

(A)

Perquisites

(i)

Canteen, uniform, accident relief

(B)

Claims

(ii)

Telephone/mobile allowance, internet allowance, medical allowance

(C)

Fringe benefits

(iii)

Company car, club membership, paid holidays, furnished house

Choices

Choice (4) Response
  • (A)
  • (B)
  • (C)

a.

  • (iii)
  • (ii)
  • (i)

b.

  • (iii)
  • (i)
  • (ii)

c.

  • (ii)
  • (iii)
  • (i)

d.

All of the above

Question number: 959

» Financial and Management Accounting » Financial Statements

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Appeared in Year: 2009

MCQ▾

Question

Land is not depreciable asset because (December)

Choices

Choice (4) Response

a.

Its value always increases

b.

There is no maintenance required

c.

Life of land is unlimited

d.

All of the above

Question number: 960

» Accounting and Finance » Social Accounting

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Appeared in Year: 2018

MCQ▾

Question

Given is the information related to a house:

Table of the Information Related House

Table of the Information Related House

Municipal Value (M. V. )

RS. 1,50,000

Fair Rent

RS. 1,80,000

Standard Rent

RS. 1,60,000

Actual Rent

RS. 20,000 pm

Municipal tax paid by owner is of M. V. Unrealised rent RS. 40,000 (conditions of rule 4 satisfied). What is the annual value of the house?

(December)

Choices

Choice (4) Response

a.

RS. 1,60,000

b.

RS. 1,70,000

c.

RS. 2,10,000

d.

RS. 1,50,000

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