Description : Record-keeping question - how long to keep receipts and credit card bills?
Last Answer : i tend to keep one year back since the records are also in my online banking account. And taxes seven years back.
Description : Isn't it ridiculous how much paper retail stores are wasting on register receipts these days?
Last Answer : answer:If they are using less direct mail, maybe it's actually less paper than they used to use? I don't know, it's just a possibility I thought of. The coupons usually are based on what you ... to be targeted to you individually I think. Some stores I have the option of email or text for receipts.
Description : What are the upsides and the downsides of thermal paper esp. for receipts?
Last Answer : answer:We used to use it at the theater for the tickets. The printers used it so we never had to worry about toner or ink. It just printed with heat. The weird thing is if you placed a ticket ... at Wal*Mart are printed on paper where the text disappears in a few weeks so you can't return shit.
Description : How often do you check your receipts and when is the last time you caught a big error?
Last Answer : The only things I purchase in a brick-and-mortar store are groceries. The markets I shop at have the live display, and I usually watch that closely as each item is scanned. The only mistakes I ... , it's just wrong - like entering the code for an exotic pear rather than organic fuji apples.
Description : Do you know anyone who has ever won the $500 or $1000 gift certificate from the customer service survey that retailers are putting on receipts these days?
Last Answer : No. It’s a pretty broad pool.
Description : What is your easy filing system for store receipts?
Last Answer : Easy…... the shredder system…. insert, buzz, gone. :-/
Description : My landlord doesn't take checks or give me receipts?
Last Answer : I would explain to her why you need a reciept. or a statement. Explain that if you don't get it you will not be able to pay the rent. Chances are no one will cross check and make the ... system like this that give legitimate poor people who need the help a bad name. It really pisses me off.
Description : Is it possible to get read receipts in Mac OsX Mail?
Last Answer : Here is a workaround to get read receipts in OSX mail. There doesn’t seem to be an actual preference you can turn on in order to receive receipts, so through the terminal would the best way to go about this.
Description : Blackened Sales Receipts and Glowing Scotch Tape.?
Last Answer : I don't know why the tape glows, but I know that a lot of stores now use the thermal printing method because the receipts print faster, give you the option of branding a logo onto the ... and it's generally a combination of a fluoran leuco dye and an octadecylphosphonic acid - from Wiki.
Description : Credit sale of goods recorded in cash book receipts side.
Last Answer : Correct the following sentences and rewrite them same : (i) Credit sale of goods recorded in ... The dividend received is a loss for the business
Description : Capital receipts include :
Last Answer : Capital receipts include : A. Tax Revenue B. Non - tax Revenue C. Grants from World Bank D. Borrowings
Description : Does the Lipman Nurit 8000 POS Terminal print receipts?
Last Answer : THe Lipman Nurit 8000, like nearly all POS stations these days, does print receipts.
Description : Donations received for the special purpose will be taken to the– (A) Income and Expenditure Account (B) Assets side of the Balance Sheet (C) Liabilities side of the Balance Sheet (D) Receipts and Payments Account
Last Answer : Answer: Liabilities side of the Balance Sheet
Description : Receipts and Payments Account is an abbreviated form of– (A) Cash Book (B) Pass Book (C) Both Cash Book and Pass Book (D) None of the above
Last Answer : Answer: Cash Book
Description : The sale proceeds of Government Bonds come under the budget head of - (1) Revenue Receipts (2) Current Expenditure (3) Capital Outlay (4) Capital Receipts
Last Answer : (4) Capital Receipts Explanation: Capital receipts are the funds received into the businesses that are not part of the operating activities of the establishment. Capital receipts primarily include external ... furniture, investment (long term) etc., which shall not be occurring all the time.
Description : Personal Income' equals - (1) The household sector's in-come (2) Private income minus savings of the corporate sector minus corporation tax (3) Personal disposable income plus miscellaneous receipts of the Goverment (4) All of the above
Last Answer : (3) Personal disposable income plus miscellaneous receipts of the Goverment Explanation: Disposable income is total personal income minus personal current taxes (or plus receipts of the government). ... category of personal (or, private) consumption expenditure) yields personal (or, private) savings
Description : he annual record for all the monetary transactions of a country with other countries of the world is known as - (1) Balance of trade (2) Balance of monetary-receipts (3) Balance of payments (4) Balance Sheet
Last Answer : (3) Balance of payments Explanation: Balance of payments (BoP) accounts arc an accounting record of all monetary transactions between a country and the rest of the world. These transactions include ... and are prepared in a single currency, typically the domestic currency for the country concerned.
Description : In the balance of payments account, unrequited receipts and payments are also regarded as - (1) bilateral transfers (2) unilateral transfers (3) capital account transfers (4) invisible transfers
Last Answer : (2) unilateral transfers Explanation: Unrequited receipts and payments are also regarded as unilateral transfers as the flow is only in one direction with no automatic reverse flow in the other ... borrowings nor lending, but gifts and grants exchanged between governments and people in the world.
Description : Gross Profit means - (1) Total investment over total saving (2) Changes in methods of production (3) Changes in the form of business organisation (4) Total receipts over total expenditure
Last Answer : (4) Total receipts over total expenditure Explanation: In accounting, gross profit or sales profit is the difference between revenue and the cost of making a product or providing a service, before deducting ... . Gross profit = Net sales (total receipts) - Cost of goods sold (total expenditure).
Description : When there is a difference between all receipts and expenditure of the Govt. of India, both capital and revenue it is called _______ A. Income Deficit B. Fiscal Deficit C. Budgetary Deficit D. None of the Above
Last Answer : C. Budgetary Deficit Explanation: A budget deficit occurs whenever a government spends more than it makes, which is nearly every year.Budgetary deficit is the difference between all receipts and expenses in both revenue and capital account of the government.
Description : A) PayUmoney Explanation: It can allow even the smallest of merchants to start accepting card based payments. It can accept all credit/debit cards. The POS terminal is easy to set up, can be ... , a merchant can start using a PayUmoney POS terminal within 48 hours of signing up for the service.
Last Answer : Which of the following company launched “Receive and Win” campaign for Ramzan? A) Mobikwik B) Freecharge C) Paytm D) MoneyGram E) Udio
Description : When there is a difference between all receipts and expenditure of the Government of India both capital and revenue it is called __________ A. Revenue Deficit B. Budgetary Deficit C. Zero Budgeting D. Trade Gap E. Balance of Payment Problem
Last Answer : B. Budgetary Deficit Explanation: Budgetary deficit is the difference between all receipts and expenses in both revenue and capital account of the government.If revenue expenses of the government ... leads to capital account deficit. Budgetary deficit is usually expressed as a percentage of GDP.
Description : Which of the following instruments rated/graded by SMERA? A. Commercial Papers B. Security Receipts C. Fixed Deposits D. Only (B) and (C) E. All of these
Last Answer : E. All of these Explanation: SMERA can rate/grade various instruments such as: IPO, NCDs, Commercial Papers, Bonds, Security Receipts, Fixed Deposits etc
Description : Mark the correct option a) SB 26 denotes preliminary receipt b) SB 28 denotes receipts for depositors passbook c) SB 58 denotes long book d) All the above
Last Answer : d) All the above
Description : Book of BO receipts containing _______ pringed serialy numbered receipts in _____ is supplied to the _____ a) 50, duplicate, BO b) 100, triplicate, BO c) 100, duplicate, BO d) 100, duplicate, EDPO
Last Answer : c) 100, duplicate, BO
Description : Which of the following entry will be made in BO a) To invoice remittance noting the details of cash( including stamps) sent to the branch office b) To confirm the accuracy of the daily account last ... to the branch office. d) To give instructions to the BPM whenever necessary e) All the above
Last Answer : e) All the above
Description : The ordinary examination of financial statements is not primarily designed to disclose defalcations and other irregularities although their discovery may result. Normal audit procedures are more likely to ... . Failure to record cash receipts for services rendered. d. Forgeries on company checks
Last Answer : Theft of inventories
Description : The ordinary examination of financial statements is not primarily designed to disclose defalcations and other irregularities although their discovery may result. Normal audit procedures are more likely to ... receipts for services rendered. c. Forgeries on company checks. d. Theft of inventories
Description : The Inspector should, whenever he meets a village postman out in his beat or at the office to which he is attached, examine a) His bag to see whether he carries postage stamps, forms, etc., b) His ... counterfoils of receipts for articles registered by him. c) Both the A and B d) Either A or B
Last Answer : c) Both the A and B
Description : When fixing the minimum and maximum cash balances of an office, the Superintendent must have before him information on the following points :- (a) The average monthly receipts and disbursements. (b) The ... the office which supplies it with funds and obtain a special remittance. (e) All the above
Last Answer : (e) All the above
Description : The_______ of an office will ordinarily be a sum equal to the average _________multiplied by the number of days in which funds can be obtained, plus a percentage of the average ___________(if ... payments, daily payments a) Minimum cash balance , daily payments, daily receipts a) None of these
Last Answer : a) Minimum cash balance , daily payments, daily payments
Description : Insurance is compulsory, if the article contains a) Gold coins or bullion, currency notes & any other valuable articles b) VP articles below the value of Rs 600/- c) Containing lorry receipts d) All parcels exceeding 4 KG in weight
Last Answer : a) Gold coins or bullion, currency notes & any other valuable articles
Description : From the following classes of receipts , which receipt is treated as receipt from other department? a. UCR b. Custom Duty c. RPLI receipts
Last Answer : b. Custom Duty
Description : The amount received on account of premium of PLI , repayment of loan should be accounted under ---------------------- head a. PLI Annuity Fund b. Postal Insurance and Life Annuity Fund Receipts c. PLI receipts account
Last Answer : b. Postal Insurance and Life Annuity Fund Receipts
Description : In post offices defalcations or losses, should be charged in the schedule of --------------- and payments and recoveries of losses should be credited in the schedule of --------------- a. UCP, UCR b UCR, UCP, c. receipts , payments
Last Answer : a. UCP,
Description : No Government officer may issue duplicates or copies of receipts granted for money received The above said statement is a. true b. false
Last Answer : a. true
Description : Wagner’s hypothesis is associated with (a) Public receipts (b) Public expenditure (c) Supply of money (d) Public debt
Last Answer : (b) Public expenditure
Description : Total expenditure of the government (revenue and capital) minus revenue receipts minus loans and other capital receipts is called?
Last Answer : Fiscal Deficit
Description : Calculate the value of closing stock from the following according to Weighted Average method: 1st January, 2014: Opening balance: 50 units @ Rs. 4 Receipts: 5th January, 2014: 100 units @ Rs. 5 12th January, 2014: 200 units ... 2014: 150 units (a) Rs. 765 (b) Rs. 805 (c) Rs. 786 (d) Rs. 700
Last Answer : (c) Rs. 786
Description : Calculate the value of closing stock from the following according to LIFO method: 1st January, 2014: Opening balance: 50 units @ Rs. 4 Receipts: 5th January, 2014: 100 units @ Rs. 5 12th January, 2014: 200 units @ Rs. 4.50 ... , 2014: 150 units (a) Rs. 765 (b) Rs. 805 (c) Rs. 786 (d) Rs. 700
Last Answer : (b) Rs. 805
Description : Calculate the value of closing stock from the following according to FIFO method: 1st January, 2014: Opening balance: 50 units @ Rs. 4 Receipts: 5th January, 2014: 100 units @ Rs. 5 12th January, 2014: 200 units @ Rs. 4.50 ... , 2014: 150 units (a) Rs. 765 (b) Rs. 805 (c) Rs. 786 (d) Rs. 700
Last Answer : (a) Rs. 765
Description : All capital expenditures and receipts are taken to A. Trading and Profit and Loss Account B. Balance sheet C. Trial balance D. None of the above
Last Answer : B. Balance sheet
Description : Tax on profit is charged on: a) Gross Receipts b) Gross Receipts less disallowed expenses c) Gross Receipts less allowed expenses d) All of the above
Last Answer : c) Gross Receipts less allowed expenses
Description : Capital receipts under head “PGBP” shall be ………… a) Added to income b) Deducted from income c) Shall not take in to account d) Shown as separate line item
Last Answer : ICDS-3 is applicable for-
Description : Cash receipts from royalties is an example of cash flow from__________ a) Investing activities b) Financing activities c) Operating activities d) None of these
Last Answer : a) Investing activities
Description : Cash flows include a) Cash payments only b) Cash receipts only c) Cash receipts and payments d) Cash and noncash incomes and expenses.
Last Answer : c) Cash receipts and payments
Description : ………………… is the personal income minus personal income tax and miscellaneous receipts of Government administrative departments. (a) Surplus income ; (b) Disposal income ; (c) Expendable income ; (d) Residual income
Last Answer : (b) Disposal income ;
Description : In the Union Budget, profits from public sector undertakings are taken under (a) Revenue receipts ; (b) Capital receipts (c) Monetized receipts ; (d) Planned expenditure
Last Answer : (a) Revenue receipts
Description : In the balance of payments account, unrequited receipts and payments are also regarded as (1) bilateral transfers (2) unilateral transfers (3) capital account transfers (4) invisible transfers
Last Answer : unilateral transfers
Description : The annual record for all the monetary transactions of a country with other countries of the world is known as (1) Balance of trade (2) Balance of monetary-receipts (3) Balance of payments (4) Balance Sheet
Last Answer : Balance of payments