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MOCK TEST

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

1 / 80

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

2 / 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?

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

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

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

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is Depreciation not Charged on ?

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

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

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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

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According to which concept, the proprietor pays interest on drawings

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Letter of Credit is presented by–

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Due dates for Advance Tax

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

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_____ 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.

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Gratuity shall be calculated as per the below formula:

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

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Minors income is clubbed to

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

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

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Preliminary expenses incurred are allowed deduction in

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All assets in business either tangible or intangible classify as

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Maximum gratuity payable is

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

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Gratuity shall be calculated as per the below formula:

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Limitation for regular registration for GST ?

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

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

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

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

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In India GST is effective from?

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Profession tax is levied under the Andhra Pradesh Tax on

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

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GST registration is based on  ?

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bank reconciliation statement?

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____ deals with PAN

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The Income Tax Act came into force from

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

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TDS rate for Payment to contractor/sub-contractor company

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'Tally vault' is a

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Time of supply will be

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Form is used for Mothly return for GST?

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

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Date of issue of Invoice is

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Limitation for regular registration for GST ?

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What is the place of supply when goods are assembled?

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

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Carry forward and set off of losses for Speculation

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

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ITC is not aviable for

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Application for Gratuity by an Employee in the form of

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

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

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Fictitious assets are?

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Mode of Payment of Gratuity is

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How is the Scheme financed ?

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HSN Code Stands for?

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Electrical Charges is Rs. 26000/- GST will be

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

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

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Credit Electronic cash ledger means

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We can cancel a voucher using

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The value of supply of goods and services shall be?

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

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TDS rate for professional services?

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

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GST registration is based on  ?

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TDS on Professional charges   which section  is applicable below

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

69 / 80

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

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Reverse charge means

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

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What is the location of supply importance of goods?

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

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

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Payment made through challan will be credited to which ledger?

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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:

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Basic accounting equation?

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SAC code Stands for?

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is Depreciation not Charged on ?

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Default 'godown' name in tally is ____________

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