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Business Accountant Test Set-1 Quiz (Audit, Rs, Hours)

Earnings Per Share (EPS) is calculated by ________________.

What is the present value of Rs. 3000 receivable after two years at a discount rate of 5% under continuous discounting?

Deduction under section 80C is allowed from ___________.

Deduction u/s 80GGA in respect of certain donation for scientific research or rural development is allowed to ___________.

Total Income of a person is determined on the basis of his _______________.

Depreciation based on the number of units produced would be classified as _______________.

The cost that is subject to actual payment or will be paid for in future is called _____________.

If, Wage rate Rs. 100/hr , Working hours 8 hours and Shift allowance Rs. 500. Then Total pay will be ___________.

Analytical procedures are least likely to be use in the audit of ___________.

___________the audit risk, __________the materiality and ___________the audit effort.

Tagged as: audit
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