The 'Labour Efficiency Variance' is computed as: MCQ with Answer and Explanation
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Question #1
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The 'Section 269ST' prohibits:
Correct Answer: Option D
Explanation:
Section 269ST restricts cash receipt of ₹2 lakh or more.
Section 269ST restricts cash receipt of ₹2 lakh or more.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #2
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The 'Faceless Appeal' scheme under income tax was introduced by:
Correct Answer: Option D
Explanation:
Faceless appeal scheme was introduced in 2020 to impart transparency.
Faceless appeal scheme was introduced in 2020 to impart transparency.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #3
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When preparing a BRS from the Pass Book balance (favorable), a cheque deposited but not collected will be:
Correct Answer: Option B
Explanation:
The cash book balance is higher (receipt was recorded). To move from pass book to match the cash book, the amount must be added.
The cash book balance is higher (receipt was recorded). To move from pass book to match the cash book, the amount must be added.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
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