Vandana Creations

                 TOPIC - COST ACCOUNTING 1.     Batch costing is suitable for A.    Oil Industry B.     Sugar Industry C.    Chemical Industry D.    Pharmaceutical Industry 2.     Idle time is A.    Time spent by workers in office B.     Time spent by workers in factory C.    Time spent by workers off their work D.    Time spent by workers on their job 3.     Warehouse expense is an example of A.    Production overhead B.     Administration overhead C.    Selling overhead D.    Distribution overhead 4.     Standard deals with the principles and methods of determining depreciation and amortization cost is A.    CAS-8 B.     CAS -11 ...

                                                  TOPIC - DIRECT TAXATION    1.     Which of the following is not a case of deemed ownership of house property? A.    Transfer to spouse for inadequate consideration B.     Transfer to minor child for inadequate consideration C.    Co-owner of a Property D.    None of the above 2.     Where assessment has not been completed, belated income tax return for the       A.Y. 2018-19 can be filed up to: A.    31.03.2019 B.     31.02.2019 C.    31.03.2020 D.    Cannot be filed belatedly. 3.     An individual estimates that he is required to pay ` 1,00,000 as advance ...