The 'Advance Authorisation' scheme under Foreign Trade Policy allows: MCQ with Answer and Explanation
Question
Report Error
Discuss this Question (0)
Practice More Accountancy and Book Keeping Questions
Question #1
Report Error
The concept of 'Social Audit' gained mandatory prominence in India under which scheme?
Correct Answer: Option C
Explanation:
Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) legally mandated regular social audits by Gram Sabhas to monitor works.
Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) legally mandated regular social audits by Gram Sabhas to monitor works.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #2
Report Error
Blockchain technology in accounting is primarily used for:
Correct Answer: Option D
Explanation:
Blockchain provides a distributed ledger that is secure, transparent, and tamper-proof.
Blockchain provides a distributed ledger that is secure, transparent, and tamper-proof.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #3
Report Error
Which of the following is not a function of cost accounting?
Correct Answer: Option C
Explanation:
Preparation of financial statements is the function of financial accounting, not cost accounting.
Preparation of financial statements is the function of financial accounting, not cost accounting.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
No comments yet. Be the first to start the discussion!