/80

ACCOUNTING MOCK TEST 01

Attempt once this test to increase your confidence level at the time of interview

1 / 80

Which of the following products are outside the purview of GST?

2 / 80

Maximum gratuity payable is

3 / 80

Preliminary expenses incurred are allowed deduction in

4 / 80

Non-deduction of tax at source is possible only if your income is going to be below the minimum income tax slab.

5 / 80

ITC is not aviable for

6 / 80

In India GST is effective from?

7 / 80

is Depreciation not Charged on ?

8 / 80

when does liability to pay GST arises in the case of supply of goods?

9 / 80

Mode of Payment of Gratuity is

10 / 80

According to which concept, the proprietor pays interest on drawings

11 / 80

HSN Code Stands for?

12 / 80

____ deals with PAN

13 / 80

Which of the following formats are supported by Tally ERP 9 for Export?

14 / 80

In case of salary or wage earners whose salary or wage for a month is not less than_________ the employer is liable to deduct Profession Tax payable under this Act

15 / 80

Ram (Hyderabad) supplied goods to Rahim (Delhi) for Rs. 20,000, Tax @12%, which tax should be imposed to Rahim?

16 / 80

Any change in the accounting policy relating to inventories which has a material effect in the current or later periods should be disclosed. This is in accordance with the accounting principle of:

17 / 80

The Income Tax Act came into force from

18 / 80

Can a company refuse to pay gratuity due to financial Loss to employees?

19 / 80

Form is used for Mothly return for GST?

20 / 80

Due date for GST returns GSTR 1, GSTR 2A and GSTR 3B?

21 / 80

TDS rate for Payment to contractor/sub-contractor company

22 / 80

Credit Electronic cash ledger means

23 / 80

_____is the expenditure incurred in one accounting year and the benefits from which is also enjoyed in the same period only

24 / 80

Gift of Rs 10,00,000 received  cheque from a  other person

25 / 80

The term “employee” is defined in __________ of the  gratuity Act

26 / 80

Gratuity shall be calculated as per the below formula:

27 / 80

Letter of Credit is presented by–

28 / 80

Default 'godown' name in tally is ____________

29 / 80

____is an amount incurred for acquiring the long term assets such as land, building, machine etc

30 / 80

GST registration is based on  ?

31 / 80

if an aircraft departs from Delhi to Chennai after taking onboard food for consumption on board, the place of supply will be

32 / 80

Payment made through challan will be credited to which ledger?

33 / 80

Neeraj bought a Goods  on credit from Deeraj. Which of the following journal entries will be made for this transaction in Neeraj‘s books?

34 / 80

Date of issue of Invoice is

35 / 80

All assets in business either tangible or intangible classify as

36 / 80

A partnership of banking business is valid, when the number of partners exceeds

37 / 80

is Depreciation not Charged on ?

38 / 80

How is the Scheme financed ?

39 / 80

What is the place of supply when goods are assembled?

40 / 80

TDS rate for professional services?

41 / 80

Time of supply will be

42 / 80

'Tally vault' is a

43 / 80

In Tally ERP 9 We can synchronize the data from one location to another?

44 / 80

Through ________we can transfer the stock from one project to another project?

45 / 80

Payment of Gratuity (Central) Rules 1972, Form- A  for

46 / 80

Gratuity shall be calculated as per the below formula:

47 / 80

GST registration is based on  ?

48 / 80

Which method of depreciation is approved as per the income tax rules?

49 / 80

When shares are issued to promoters for the services offered by them ____ A/c is debited.

50 / 80

Profession tax is levied under the Andhra Pradesh Tax on

51 / 80

Carry forward and set off of losses for Speculation

52 / 80

Basic accounting equation?

53 / 80

Account books for how many preceding years should be preserved in good condition?

54 / 80

SAC code Stands for?

55 / 80

Fictitious assets are?

56 / 80

_____ is a revenue expenditure which has been incurred during an accounting year but the benefit of which may be extended to a number of years.

57 / 80

Additional surcharge (education cess) of 3% per cent is payable on

58 / 80

After an employee leaves organization, in how many days a company should pay his gratuity amount?

59 / 80

How many types of security levels pre -exist in Tally ERP9?

60 / 80

Will an employee resigning from service or retrenched by employer will be eligible for Gratuity?

61 / 80

Every registered person shall be entitled to take credit of input tax in his return and such input tax credit shall be credited to?

62 / 80

Reverse charge means

63 / 80

How many types of Measurement Units we can create in Tally?

64 / 80

Which of the following is the predefined stock category in tally?

65 / 80

What is the location of supply importance of goods?

66 / 80

We can cancel a voucher using

67 / 80

The value of supply of goods and services shall be?

68 / 80

Application for Gratuity by an Employee in the form of

69 / 80

As per Section 207, If not having any income from business or profession is not liable to pay advance tax.

70 / 80

Limitation for regular registration for GST ?

71 / 80

Limitation for regular registration for GST ?

72 / 80

Bill of material feature can be enabled for which type of stock item?

73 / 80

Input tax credit as credited in electronic credit ledger can be utilised for?

74 / 80

TDS on Professional charges   which section  is applicable below

75 / 80

Due dates for Advance Tax

76 / 80

Minors income is clubbed to

77 / 80

bank reconciliation statement?

78 / 80

Electrical Charges is Rs. 26000/- GST will be

79 / 80

What are the benefits that the employees get out of this Scheme ?

80 / 80

Employer register as per the provisions of the ESI Act they will get code ?

Your score is

0%

/80

ACCOUNTING MOCK TEST 01

Attempt once this test to increase your confidence level at the time of interview

1 / 80

_____ is a revenue expenditure which has been incurred during an accounting year but the benefit of which may be extended to a number of years.

2 / 80

bank reconciliation statement?

3 / 80

Payment of Gratuity (Central) Rules 1972, Form- A  for

4 / 80

Preliminary expenses incurred are allowed deduction in

5 / 80

Will an employee resigning from service or retrenched by employer will be eligible for Gratuity?

6 / 80

Mode of Payment of Gratuity is

7 / 80

Time of supply will be

8 / 80

Account books for how many preceding years should be preserved in good condition?

9 / 80

Gratuity shall be calculated as per the below formula:

10 / 80

What are the benefits that the employees get out of this Scheme ?

11 / 80

Limitation for regular registration for GST ?

12 / 80

Default 'godown' name in tally is ____________

13 / 80

ITC is not aviable for

14 / 80

____is an amount incurred for acquiring the long term assets such as land, building, machine etc

15 / 80

In India GST is effective from?

16 / 80

Every registered person shall be entitled to take credit of input tax in his return and such input tax credit shall be credited to?

17 / 80

What is the place of supply when goods are assembled?

18 / 80

'Tally vault' is a

19 / 80

Through ________we can transfer the stock from one project to another project?

20 / 80

Gratuity shall be calculated as per the below formula:

21 / 80

Input tax credit as credited in electronic credit ledger can be utilised for?

22 / 80

HSN Code Stands for?

23 / 80

We can cancel a voucher using

24 / 80

Application for Gratuity by an Employee in the form of

25 / 80

TDS rate for Payment to contractor/sub-contractor company

26 / 80

The term “employee” is defined in __________ of the  gratuity Act

27 / 80

A partnership of banking business is valid, when the number of partners exceeds

28 / 80

All assets in business either tangible or intangible classify as

29 / 80

Basic accounting equation?

30 / 80

GST registration is based on  ?

31 / 80

Which of the following products are outside the purview of GST?

32 / 80

Ram (Hyderabad) supplied goods to Rahim (Delhi) for Rs. 20,000, Tax @12%, which tax should be imposed to Rahim?

33 / 80

Credit Electronic cash ledger means

34 / 80

Letter of Credit is presented by–

35 / 80

TDS rate for professional services?

36 / 80

____ deals with PAN

37 / 80

Which of the following formats are supported by Tally ERP 9 for Export?

38 / 80

According to which concept, the proprietor pays interest on drawings

39 / 80

Employer register as per the provisions of the ESI Act they will get code ?

40 / 80

How is the Scheme financed ?

41 / 80

In Tally ERP 9 We can synchronize the data from one location to another?

42 / 80

Fictitious assets are?

43 / 80

Non-deduction of tax at source is possible only if your income is going to be below the minimum income tax slab.

44 / 80

is Depreciation not Charged on ?

45 / 80

After an employee leaves organization, in how many days a company should pay his gratuity amount?

46 / 80

GST registration is based on  ?

47 / 80

What is the location of supply importance of goods?

48 / 80

The value of supply of goods and services shall be?

49 / 80

Additional surcharge (education cess) of 3% per cent is payable on

50 / 80

Maximum gratuity payable is

51 / 80

when does liability to pay GST arises in the case of supply of goods?

52 / 80

The Income Tax Act came into force from

53 / 80

Bill of material feature can be enabled for which type of stock item?

54 / 80

is Depreciation not Charged on ?

55 / 80

Gift of Rs 10,00,000 received  cheque from a  other person

56 / 80

Due dates for Advance Tax

57 / 80

Electrical Charges is Rs. 26000/- GST will be

58 / 80

Can a company refuse to pay gratuity due to financial Loss to employees?

59 / 80

Minors income is clubbed to

60 / 80

Which method of depreciation is approved as per the income tax rules?

61 / 80

if an aircraft departs from Delhi to Chennai after taking onboard food for consumption on board, the place of supply will be

62 / 80

Neeraj bought a Goods  on credit from Deeraj. Which of the following journal entries will be made for this transaction in Neeraj‘s books?

63 / 80

Reverse charge means

64 / 80

Due date for GST returns GSTR 1, GSTR 2A and GSTR 3B?

65 / 80

Payment made through challan will be credited to which ledger?

66 / 80

SAC code Stands for?

67 / 80

Form is used for Mothly return for GST?

68 / 80

Any change in the accounting policy relating to inventories which has a material effect in the current or later periods should be disclosed. This is in accordance with the accounting principle of:

69 / 80

In case of salary or wage earners whose salary or wage for a month is not less than_________ the employer is liable to deduct Profession Tax payable under this Act

70 / 80

Which of the following is the predefined stock category in tally?

71 / 80

Date of issue of Invoice is

72 / 80

Carry forward and set off of losses for Speculation

73 / 80

TDS on Professional charges   which section  is applicable below

74 / 80

Limitation for regular registration for GST ?

75 / 80

As per Section 207, If not having any income from business or profession is not liable to pay advance tax.

76 / 80

How many types of Measurement Units we can create in Tally?

77 / 80

How many types of security levels pre -exist in Tally ERP9?

78 / 80

Profession tax is levied under the Andhra Pradesh Tax on

79 / 80

_____is the expenditure incurred in one accounting year and the benefits from which is also enjoyed in the same period only

80 / 80

When shares are issued to promoters for the services offered by them ____ A/c is debited.

Your score is

0%

/80

ACCOUNTING MOCK TEST 01

Attempt once this test to increase your confidence level at the time of interview

1 / 80

Basic accounting equation?

2 / 80

Due date for GST returns GSTR 1, GSTR 2A and GSTR 3B?

3 / 80

TDS rate for Payment to contractor/sub-contractor company

4 / 80

Limitation for regular registration for GST ?

5 / 80

'Tally vault' is a

6 / 80

HSN Code Stands for?

7 / 80

bank reconciliation statement?

8 / 80

How many types of security levels pre -exist in Tally ERP9?

9 / 80

is Depreciation not Charged on ?

10 / 80

Payment of Gratuity (Central) Rules 1972, Form- A  for

11 / 80

Neeraj bought a Goods  on credit from Deeraj. Which of the following journal entries will be made for this transaction in Neeraj‘s books?

12 / 80

Minors income is clubbed to

13 / 80

Ram (Hyderabad) supplied goods to Rahim (Delhi) for Rs. 20,000, Tax @12%, which tax should be imposed to Rahim?

14 / 80

A partnership of banking business is valid, when the number of partners exceeds

15 / 80

Gratuity shall be calculated as per the below formula:

16 / 80

Any change in the accounting policy relating to inventories which has a material effect in the current or later periods should be disclosed. This is in accordance with the accounting principle of:

17 / 80

In Tally ERP 9 We can synchronize the data from one location to another?

18 / 80

____is an amount incurred for acquiring the long term assets such as land, building, machine etc

19 / 80

When shares are issued to promoters for the services offered by them ____ A/c is debited.

20 / 80

Letter of Credit is presented by–

21 / 80

According to which concept, the proprietor pays interest on drawings

22 / 80

After an employee leaves organization, in how many days a company should pay his gratuity amount?

23 / 80

Mode of Payment of Gratuity is

24 / 80

Electrical Charges is Rs. 26000/- GST will be

25 / 80

In India GST is effective from?

26 / 80

Credit Electronic cash ledger means

27 / 80

Payment made through challan will be credited to which ledger?

28 / 80

Employer register as per the provisions of the ESI Act they will get code ?

29 / 80

Which of the following products are outside the purview of GST?

30 / 80

Date of issue of Invoice is

31 / 80

GST registration is based on  ?

32 / 80

Gift of Rs 10,00,000 received  cheque from a  other person

33 / 80

is Depreciation not Charged on ?

34 / 80

What is the place of supply when goods are assembled?

35 / 80

Form is used for Mothly return for GST?

36 / 80

____ deals with PAN

37 / 80

Input tax credit as credited in electronic credit ledger can be utilised for?

38 / 80

The Income Tax Act came into force from

39 / 80

What are the benefits that the employees get out of this Scheme ?

40 / 80

GST registration is based on  ?

41 / 80

Through ________we can transfer the stock from one project to another project?

42 / 80

How is the Scheme financed ?

43 / 80

Will an employee resigning from service or retrenched by employer will be eligible for Gratuity?

44 / 80

Profession tax is levied under the Andhra Pradesh Tax on

45 / 80

As per Section 207, If not having any income from business or profession is not liable to pay advance tax.

46 / 80

Gratuity shall be calculated as per the below formula:

47 / 80

Maximum gratuity payable is

48 / 80

Additional surcharge (education cess) of 3% per cent is payable on

49 / 80

Preliminary expenses incurred are allowed deduction in

50 / 80

Which method of depreciation is approved as per the income tax rules?

51 / 80

_____is the expenditure incurred in one accounting year and the benefits from which is also enjoyed in the same period only

52 / 80

Time of supply will be

53 / 80

if an aircraft departs from Delhi to Chennai after taking onboard food for consumption on board, the place of supply will be

54 / 80

when does liability to pay GST arises in the case of supply of goods?

55 / 80

Account books for how many preceding years should be preserved in good condition?

56 / 80

We can cancel a voucher using

57 / 80

Fictitious assets are?

58 / 80

_____ is a revenue expenditure which has been incurred during an accounting year but the benefit of which may be extended to a number of years.

59 / 80

Every registered person shall be entitled to take credit of input tax in his return and such input tax credit shall be credited to?

60 / 80

Can a company refuse to pay gratuity due to financial Loss to employees?

61 / 80

Limitation for regular registration for GST ?

62 / 80

Default 'godown' name in tally is ____________

63 / 80

All assets in business either tangible or intangible classify as

64 / 80

Which of the following formats are supported by Tally ERP 9 for Export?

65 / 80

TDS on Professional charges   which section  is applicable below

66 / 80

Bill of material feature can be enabled for which type of stock item?

67 / 80

The term “employee” is defined in __________ of the  gratuity Act

68 / 80

TDS rate for professional services?

69 / 80

How many types of Measurement Units we can create in Tally?

70 / 80

What is the location of supply importance of goods?

71 / 80

SAC code Stands for?

72 / 80

Application for Gratuity by an Employee in the form of

73 / 80

Which of the following is the predefined stock category in tally?

74 / 80

Due dates for Advance Tax

75 / 80

Non-deduction of tax at source is possible only if your income is going to be below the minimum income tax slab.

76 / 80

In case of salary or wage earners whose salary or wage for a month is not less than_________ the employer is liable to deduct Profession Tax payable under this Act

77 / 80

ITC is not aviable for

78 / 80

Carry forward and set off of losses for Speculation

79 / 80

The value of supply of goods and services shall be?

80 / 80

Reverse charge means

Your score is

0%