(i) Source document on the basis of which Sales Return Book is prepared.

(i) Source document on the basis of which Sales Return Book is prepared.
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Give a word/term or phrase for each of the following statements: (i) Source document on the basis ... (v) Book in which small payments are recorded.
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(i) The source document for recording sales book is __________

Description : (i) The source document for recording sales book is __________

Last Answer : Complete the following sentences: (i) The source document for recording sales book is __________ ... are recorded on the ________ side of Cashbook.

1. Sales return book was overcast by ₹ 1,200. 

Description : 1. Sales return book was overcast by ₹ 1,200. 

Last Answer : The trial balance of Sagar did not agree. It showed an excess credit of ₹ 7,550. Sagar ... to rectify the above errors and prepare Suspense Account.

(Legal Question) How would I include this form into a legal document prepared for the court?

Description : (Legal Question) How would I include this form into a legal document prepared for the court?

Last Answer : The court to which you are making the application will have both general (state or federal) and specific (county, district, etc.) rules regarding court procedure. The court website should contain the relevant procedural rules for you to follow, including format, page allowances, fonts, etc.

Which of the following is not a secondary evidence? a) Copy prepared from original by mechanical process which has been compared with original. b) Copy prepared from original by mechanical process c) Oral evidence of a person about contents of document who has seen document d) Copy prepared from original and compared with it.

Description : Which of the following is not a secondary evidence? a) Copy prepared from original by mechanical process which has been compared  with original. b) Copy prepared from original by mechanical ... contents of document who has seen document  d) Copy prepared from original and compared with it.

Last Answer : c) Oral evidence of a person about contents of document who has seen document

In ________, a strategy document is prepared according to the conditions a customer might face when applying cloud computing mode. A. Cloud Computing Value Proposition B. Cloud Computing Strategy Planning C. Planning Phase D. Business Architecture Development

Description : In ________, a strategy document is prepared according to the conditions a customer might face when applying cloud computing mode. A. Cloud Computing Value Proposition B. Cloud Computing Strategy Planning C. Planning Phase D. Business Architecture Development

Last Answer : B. Cloud Computing Strategy Planning

The National security of the USA is a document prepared by the: (a) Senate (b) House of representative (c) Executive Branch

Description : The National security of the USA is a document prepared by the: (a) Senate (b) House of representative (c) Executive Branch

Last Answer : (c) Executive Branch

The National security of the USA is a document prepared by the: (a) Executive Branch (b) House of Representative (c) Senate (d) Brookings institute

Description : The National security of the USA is a document prepared by the: (a) Executive Branch (b) House of Representative (c) Senate (d) Brookings institute

Last Answer : (a) Executive Branch

The value return in form Est 6(a) is prepared by ________ and submitted to____ a) Experimental post office, Account office b) Account office , Head of the circle c) Head of the circle to DG Post d) The Supd. Post office to Head of the circle/Regional PMG

Description : The value return in form Est 6(a) is prepared by ________ and submitted to____ a) Experimental post office, Account office b) Account office , Head of the circle c) Head of the circle to DG Post d) The Supd. Post office to Head of the circle/Regional PMG

Last Answer : d) The Supd. Post office to Head of the circle/Regional PMG

Which one of the following statements about preparation of financial statements of a limited liability company is correct ? (A) Financial statements should be prepared according to the cash basis of accounting only (B) Financial statements should be prepared according to the accrual basis of accounting only (C) Financial statements should be prepared according to either the cash basis or accrual basis of accounting (D) Financial statements should be prepared according to both the accrual and cash basis of accounting

Description : Which one of the following statements about preparation of financial statements of a limited liability company is correct ? (A) Financial statements should be prepared according to the cash basis ... Financial statements should be prepared according to both the accrual and cash basis of accounting

Last Answer : Answer: Financial statements should be prepared according to the accrual basis of accounting only

Which of following is not hearsay evidence? a) Statement of police that on basis of inquiry conducted by him that accused was not at home on night of incident b) Report of newspaper c) Report prepared on basis of information provided by officer

Description : Which of following is not hearsay evidence? a) Statement of police that on basis of inquiry conducted by him that accused was not  at home on night of incident b) Report of newspaper c) Report prepared on basis of information provided by officer

Last Answer : c) Report prepared on basis of information provided by officer

The element of the audit planning process most likely to be agreed upon with the client before implementation of the audit strategy is the determination of the a. Methods of statistical sampling to be used in confirming accounts receivable. b. Pending legal matters to be included in the inquiry of the client's attorney. c. Evidence to be gathered to provide a sufficient basis for the auditor's opinion. d. Schedules and analyses to be prepared by the client's staf

Description : The element of the audit planning process most likely to be agreed upon with the client before implementation of the audit strategy is the determination of the a. Methods of statistical sampling to be used ... for the auditor's opinion. d. Schedules and analyses to be prepared by the client's staf

Last Answer : Schedules and analyses to be prepared by the client's staf

Working papers prepared by a CPA in connection with an audit engagement are owned by the CPA, subject to certain limitations. The rationale for this rule is to a. Protect the working papers from, being subpoenaed. b. Provide the CPA with evidence and documentation which may be helpful in the event of a lawsuit. c. Provide the basis for excluding admission of the working papers as evidence because of the privileged communication rule. d. Establish a continuity of relationship with the client whereby indiscriminate replacement of CPAs is discouraged.

Description : Working papers prepared by a CPA in connection with an audit engagement are owned by the CPA, subject to certain limitations. The rationale for this rule is to a. Protect the ... d. Establish a continuity of relationship with the client whereby indiscriminate replacement of CPAs is discouraged.

Last Answer : Provide the CPA with evidence and documentation which may be helpful in the event of a lawsuit.

The working papers prepared by a CPA in connection with an audit engagement are owned by the CPA, subject to certain limitations. The rationale for this rule is to a. Protect the working papers from being subpoenaed. b. Provide the basis for excluding admission of the working papers as evidence because of the privileged communication rulec. Provide the CPA with evidence and documentation which may be helpful in the event of a lawsuit. d. Establish a continuity of relationship with the client whereby indiscriminate replacement of CPAs is discouraged.

Description : The working papers prepared by a CPA in connection with an audit engagement are owned by the CPA, subject to certain limitations. The rationale for this rule is to a. Protect the ... d. Establish a continuity of relationship with the client whereby indiscriminate replacement of CPAs is discouraged

Last Answer : Provide the CPA with evidence and documentation which may be helpful in the event of a lawsuit

Which of the following is an example of an assurance engagement?a. Management advisory services b. Reporting on financial statements prepared using other comprehensive basis of accounting. c. compilation of financial information d. preparation of tax returns

Description : Which of the following is an example of an assurance engagement? a. Management advisory services b. Reporting on financial statements prepared using other comprehensive basis of accounting. c. compilation of financial information d. preparation of tax returns

Last Answer : Reporting on financial statements prepared using other comprehensive basis of accounting.

Inquiries directed towards those charged with governance may most likely a. Relate to their activities concerning the design, and effectiveness of the entity's internal control and whether management has satisfactorily responded to any findings from these activities. b. Help the auditor understand the environment in which the financial statements are prepared. c. Relate to changes in the entity's marketing strategies, sales trends, or contractual arrangements with its customers. d. Help the auditor in evaluating the appropriateness of the selection and application of certain accounting policies

Description : Inquiries directed towards those charged with governance may most likely a. Relate to their activities concerning the design, and effectiveness of the entity's internal control and ... the auditor in evaluating the appropriateness of the selection and application of certain accounting policies

Last Answer : Help the auditor understand the environment in which the financial statements are prepared.

A ltd is a manufacturing company that has no production resource limitations for the foreseeable future. The Managing Director has asked the company mangers to coordinate the preparation of their budgets for the next financial year. In what order should the following budgets be prepared? (1) Sales budget (2) Cash budget (3) Production budget (4) Purchase budget (5) Finished goods inventory budget (a) (2), (3), (4), (5), (1) (b) (1), (5), (3), (4), (2) (c) (1), (4), (5), (3), (2) (d) (4), (5), (3), (1), (2)

Description :  A ltd is a manufacturing company that has no production resource limitations for the foreseeable  future. The Managing Director has asked the company mangers to coordinate the preparation of their  budgets for the next financial year. In what order ... 5), (3), (2) (d) (4), (5), (3), (1), (2)

Last Answer : (b) (1), (5), (3), (4), (2)

A sales invoice is a source document that a. provides support for goods purchased for resale. b. provides evidence of incurred operating expenses. c. provides evidence of credit sales. d. serves only as a customer receipt.

Description : A sales invoice is a source document that a. provides support for goods purchased for resale. b. provides evidence of incurred operating expenses. c. provides evidence of credit sales. d. serves only as a customer receipt.

Last Answer : c. provides evidence of credit sales.

Stock should include– (A) Goods held as security (B) Goods held as consignee (C) Goods with customers for approval on sale or return basis (D) Goods sold but not delivered

Description : Stock should include– (A) Goods held as security (B) Goods held as consignee (C) Goods with customers for approval on sale or return basis (D) Goods sold but not delivered

Last Answer : Answer: Goods held as consignee

If the Sales is Rs.100 crores, EBIT is Rs.30 crores, PAT is Rs.20 crores and Total Assets is Rs.300 crores, then the return on assets (ROA) is given by A. 6.67% B. 10% C. 33.33% D. 23.33% E. 26.67%

Description : If the Sales is Rs.100 crores, EBIT is Rs.30 crores, PAT is Rs.20 crores and Total Assets is Rs.300 crores, then the return on assets (ROA) is given by A. 6.67% B. 10% C. 33.33% D. 23.33% E. 26.67%

Last Answer : B. 10%

Which of the following might be considered a "red flag" indicating possible fraud in a large manufacturing company with several subsidiaries? a. A consistent record of above average return on investment for all subsidiaries b. The existence of a financial subsidiary c. Use of separate bank accounts for payrolls by each subsidiary d. Complex sales-transactions and transfers of funds between affiliated companies

Description : Which of the following might be considered a "red flag" indicating possible fraud in a large manufacturing company with several subsidiaries? a. A consistent record of above average ... payrolls by each subsidiary d. Complex sales-transactions and transfers of funds between affiliated companies

Last Answer : Complex sales-transactions and transfers of funds between affiliated companies

Pick out the wrong statement. (A) Net worth means paid up share capital and reserve & surplus (i.e. shareholders equity) (B) Return on equity = profit after tax/net worth (C) Working capital turnover ratio = sales/net working capital (D) Total cost of production is more than net sales realisation (NSR) at breakeven point

Description : Pick out the wrong statement. (A) Net worth means paid up share capital and reserve & surplus (i.e. shareholders equity) (B) Return on equity = profit after tax/net worth (C) Working ... /net working capital (D) Total cost of production is more than net sales realisation (NSR) at breakeven point

Last Answer : (D) Total cost of production is more than net sales realisation (NSR) at breakeven point

he journal entry to record a return of merchandise purchased on account under a perpetual inventory system would include a. Accounts Payable Sales Returns and Allowances b. Purchase Returns and Allowances Accounts Payable c. Accounts Payable Inventory d. Merchandise Inventory Cost of Goods Sold

Description : he journal entry to record a return of merchandise purchased on account under a perpetual inventory system would include a. Accounts Payable Sales Returns and Allowances b. Purchase Returns and ... Accounts Payable c. Accounts Payable Inventory d. Merchandise Inventory Cost of Goods Sold

Last Answer : d. Merchandise Inventory Cost of Goods Sold

As an incentive for customers to pay their accounts promptly, a business may offer its customers a. a sales discount. b. free delivery. c. a sales allowance. d. a sales return.

Description : As an incentive for customers to pay their accounts promptly, a business may offer its customers a. a sales discount. b. free delivery. c. a sales allowance. d. a sales return.

Last Answer : a. a sales discount.

If a customer agrees to retain merchandise that is defective because the seller is willing to reduce the selling price, this transaction is known as a sales a. discount. b. return. c. contra asset. d. allowance.

Description : If a customer agrees to retain merchandise that is defective because the seller is willing to reduce the selling price, this transaction is known as a sales a. discount. b. return. c. contra asset. d. allowance.

Last Answer : b. return.

The journal entry to record a return of merchandise purchased on account under a perpetual inventory system would credit a. Accounts Payable. b. Purchase Returns and Allowances. c. Sales. d. Merchandise Inventory.

Description : The journal entry to record a return of merchandise purchased on account under a perpetual inventory system would credit a. Accounts Payable. b. Purchase Returns and Allowances. c. Sales. d. Merchandise Inventory.

Last Answer : d. Merchandise Inventory.

Which of the following is not one of the primary concerns in the Finance Department? a. Acquiring the capital needed for company activities. b. Establishing a dividend policy that maximizes the return to shareholders. c. Setting accounts payable and accounts receivable policies. d. Driving the financial structure of the firm, its relationship between debt and equity. e. Deciding promo and sales budget

Description : Which of the following is not one of the primary concerns in the Finance Department? a. Acquiring the capital needed for company activities. b. Establishing a dividend policy that maximizes the ... structure of the firm, its relationship between debt and equity. e. Deciding promo and sales budget

Last Answer : e. Deciding promo and sales budget

The rate of ……………. Is always an important factor for management especially in relation to the rate of return A) Cost B) Benefit C) Sales D) Investment

Description : The rate of ……………. Is always an important factor for management especially in relation to the rate of return A) Cost B) Benefit C) Sales D) Investment

Last Answer : D) Investment

When a company adjusts price levels so that it can increase sales volume to levels that match the organisation's expenses, it is said to employ a ---- pricing objective. A)market share B)cash flow C)return on investment D)survival E)profit

Description : When a company adjusts price levels so that it can increase sales volume to levels that match the organisation's expenses, it is said to employ a ---- pricing objective. A)market share B)cash flow C)return on investment D)survival E)profit

Last Answer : D)survival

Sales targets are fixed on the basis of 1. Past experience 2. Time period 3. Brand positionally 4. All the above 5. None of these

Description : Sales targets are fixed on the basis of 1. Past experience 2. Time period 3. Brand positionally 4. All the above 5. None of these

Last Answer : All the above

Sales targets are fixed on the basis of__________ 1. Past experience 2. Time period 3. Brand positionary 4. All the above 5. None of these

Description : Sales targets are fixed on the basis of__________ 1. Past experience 2. Time period 3. Brand positionary 4. All the above 5. None of these

Last Answer : All the above

Pick out the wrong statement. (A) The annual depreciation rate for machinery and equipments in a chemical process plant is about 10% of the fixed capital investment (B) Annual depreciation rate of buildings in a chemical plant is about 3% of its initial cost (C) Insurance rates on annual basis in a chemical plant may be about 1% of the fixed capital investment (D) In a chemical industry, research and development cost amounts to about 15% of net sales realisation (NSR)

Description : Pick out the wrong statement. (A) The annual depreciation rate for machinery and equipments in a chemical process plant is about 10% of the fixed capital investment (B) Annual depreciation rate ... chemical industry, research and development cost amounts to about 15% of net sales realisation (NSR)

Last Answer : (D) In a chemical industry, research and development cost amounts to about 15% of net sales realisation (NSR)

When exporting some common pitfalls include: A. failure to use an export management company B. failure to print service, sales, and warranty messages in local languages C. chasing orders around the world instead of establishing a basis for profitable operations and orderly growth D. failure to consider licensing or joint venture agreements E. all of the above

Description : When exporting some common pitfalls include: A. failure to use an export management company B. failure to print service, sales, and warranty messages in local languages C. chasing orders around the ... orderly growth D. failure to consider licensing or joint venture agreements E. all of the above

Last Answer : E. all of the above

Turning a document into a book?

Description : Turning a document into a book?

Last Answer : Look around in Word a little. I know I saw a feature that puts page numbers in (but I can’t remember how to get to that menu), and I know you can print it sideways (landscape).

How do you print a Pages document like a book?

Description : How do you print a Pages document like a book?

Last Answer : File > Print. Then in the Layout' options, change Pages per sheet to 2. The preview will still show it as af it's printing normally, but it will do what you're wanting when you print (save to pdf ... , turn the sheet of paper onto the other side, print another 2 pages and so on. Here's a screenshot

When a remittance is made to a SO through a special carrier, in which document a remark should be written for the information of SPM as to how the money was sent a) In SO daily account b) In SO Slip c) In HO summary d) In treasurer cash book

Description : When a remittance is made to a SO through a special carrier, in which document a remark should be written for the information of SPM as to how the money was sent a) In SO daily account b) In SO Slip c) In HO summary d) In treasurer cash book

Last Answer : b) In SO Slip

How can I change the font size of the return address in "Address Book" when printing envelopes?

Description : How can I change the font size of the return address in "Address Book" when printing envelopes?

Last Answer : In the print dialog, adjust the layout for the Sender; changing the height is easiest. You'll need to create a custom layout for this first. Also, you cannot change the size indefinitely (try blowing it up to huge ... values. Might be a bug (OS X 10.4.11). Just in case. Hope that works for you.

Famous book ‘The Return of the Native’ is written by which author? -Do You Know?

Description : Famous book ‘The Return of the Native’ is written by which author? -Do You Know?

Last Answer : answer:

What*Write a Informal letter 200-300 words, on topic:Letter to your friend, reminding him to return the book you let him.Discuss: •briefly what the book was about•Your emotional attachment to the book•How your friend can return the book?

Description : What*Write a Informal letter 200-300 words, on topic:Letter to your friend, reminding him to return the book you let him.Discuss: •briefly what the book was about•Your emotional attachment to the book•How your friend can return the book?

Last Answer : MyNameIsJeff

(i) Sales Return book is also called as _______

Description : (i) Sales Return book is also called as _______

Last Answer : Complete the following sentences: (i) Sales Return book is also called as _______ (ii) ... In sale journal goods sold on ________ are recorded.

Which transactions are recorded in the Return Inward Book?

Description : Which transactions are recorded in the Return Inward Book?

Last Answer : Which transactions are recorded in the Return Inward Book?

Which transactions are recorded in the Return Outward Book?

Description : Which transactions are recorded in the Return Outward Book?

Last Answer : Which transactions are recorded in the Return Outward Book?

Considering the example of issue/return of a book, cataloging etc. in a library management.What type of management requirement is being depicted here? a) Enduring b) Volatile

Description : Considering the example of issue/return of a book, cataloging etc. in a library management.What type of management requirement is being depicted here? a) Enduring b) Volatile

Last Answer : a) Enduring

On return of the carrier to the HO ________ should be examine the dairy or book of the carrier to see that a receipt for the remittance has been obtained by him and initial it with date in token of having carried out the examination. a) Head Postmaster b) Sub account assistant c) Treasurer d) Any senior of the branch

Description : On return of the carrier to the HO ________ should be examine the dairy or book of the carrier to see that a receipt for the remittance has been obtained by him and initial it with date in ... the examination. a) Head Postmaster b) Sub account assistant c) Treasurer d) Any senior of the branch

Last Answer : c) Treasurer

Market price per share divided by earnings per share is------- a) Price earning ratio b) Return on equity c) Market test ratio d) Book value per share

Description : Market price per share divided by earnings per share is------- a) Price earning ratio b) Return on equity c) Market test ratio d) Book value per share

Last Answer : a) Price earning ratio