Interest on capital allowed to a partner is debited to: MCQ with Answer and Explanation
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Question #1
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In the context of PFMS, what does 'Aadhaar Payment Bridge System' (APBS) facilitate?
Correct Answer: Option C
Explanation:
APBS facilitates Direct Benefit Transfers (DBT) by using the Aadhaar number as the central key for routing government subsidies to beneficiaries.
APBS facilitates Direct Benefit Transfers (DBT) by using the Aadhaar number as the central key for routing government subsidies to beneficiaries.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #2
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The 'Safeguards' against threats to independence may be:
Correct Answer: Option D
Explanation:
Safeguards are measures that eliminate or reduce threats to an acceptable level.
Safeguards are measures that eliminate or reduce threats to an acceptable level.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #3
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Under PFMS, the hierarchy of fund flow tracking ensures that funds meant for a village panchayat can be monitored by:
Correct Answer: Option B
Explanation:
PFMS is a web-based tracking system that provides end-to-end visibility of fund flow, accessible across all levels of government hierarchy.
PFMS is a web-based tracking system that provides end-to-end visibility of fund flow, accessible across all levels of government hierarchy.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
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