The term 'Cloud Accounting' refers to: MCQ with Answer and Explanation
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Question #1
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The 'Gratuity' is a:
Correct Answer: Option D
Explanation:
Gratuity is a defined benefit plan as the employer's obligation is to provide a specific amount.
Gratuity is a defined benefit plan as the employer's obligation is to provide a specific amount.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #2
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XBRL stands for:
Correct Answer: Option C
Explanation:
XBRL is an open international standard for digital business reporting, tagging financial data for easy automated analysis.
XBRL is an open international standard for digital business reporting, tagging financial data for easy automated analysis.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #3
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The CAG's audit report on government accounts is submitted to:
Correct Answer: Option D
Explanation:
CAG submits reports to the President (Union) or Governor (State), who cause them to be laid before Parliament/Legislature.
CAG submits reports to the President (Union) or Governor (State), who cause them to be laid before Parliament/Legislature.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
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