The total of the payment side can be greater than the total of the receipt side in the case of the bank column.

The total of the payment side can be greater than the total of the receipt side in the case of the bank column.
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State whether the following statement are True or False with reason : The total of the payment side ... receipt side in the case of the bank column.
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(i) Excess of a total of debit side over a total of credit side of Cash Book, Bank column.

Description : (i) Excess of a total of debit side over a total of credit side of Cash Book, Bank column.

Last Answer : Give one word/term/phrase which can substitute each of the following statements: (i) Excess of a ... balance of the bank column of the Cash Book.

What was the biggest savings you ever got on the "cash payment no receipt required" discount?

Description : What was the biggest savings you ever got on the "cash payment no receipt required" discount?

Last Answer : Good luck suing without a receipt. I have no objecting to dealing on the grey or black market, and do so whenever I can get away with it. But on high-ticket trades work, there are simply too many ... a certified union journeyman (and chances are sie wouldn't do a cash deal), I wouldn't risk it.

Hello, goods ordered from the USA in dollars or Czech crowns are paid for (price stated in dollars, payment only upon receipt of the shipment)

Description : I would like to order Christmas clothes from the USA. But the price is in dollars. I don't want my grandmother to find out when she receives the shipment that she has to pay a lot of dollars that ... offers import to the Czech Republic. So it's safe, but I don't understand the payment. Please help.

Last Answer : If the payment is only upon receipt of the goods, then it should be in crowns at the exchange rate that is current at that time.

If a MO is lost after payment a) Duplicate MO will be prepared by office of issue b) Duplicate mo will be prepared by office of payment c) Certificate of payment will be prepared by office of payment d) Memo of admission of payment will be prepared by office of issue and on receipt, the office of payment will get the signature of the payee in the memo and forward it to the Audit Office.

Description : If a MO is lost after payment a) Duplicate MO will be prepared by office of issue b) Duplicate mo will be prepared by office of payment c) Certificate of payment will be prepared by office of payment ... of payment will get the signature of the payee in the memo and forward it to the Audit Office.

Last Answer : d) Memo of admission of payment will be prepared by office of issue and on receipt, the office of payment will get the signature of the payee in the memo and forward it to the Audit Office.

An attested copy of addressee’s receipt of registered article, if applied by sender a) Can be given free of cost b) Cannot be given c) Can be given on payment of registration fee in cash d) Can be given on payment of prescribed fees in the form of defaced postage stamps

Description : An attested copy of addressee’s receipt of registered article, if applied by sender a) Can be given free of cost b) Cannot be given c) Can be given on payment of registration fee in cash d) Can be given on payment of prescribed fees in the form of defaced postage stamps

Last Answer : d) Can be given on payment of prescribed fees in the form of defaced postage stamps

The following are modifications made to the IFAC Code to consider Philippine regulatory requirements and circumstances, except a. The period for rotation of the lead engagement partner was changed from five to seven years. b. Advertising and solicitation by individual professional accountants in public practice were not permitted in the Philippines. c. Additional examples relating to anniversaries and websites wherein publicity is acceptable, as provided in boa resolution 19, series of 2000, were included. d. Payment and receipt of commissions were not permitted in the Philippines

Description : The following are modifications made to the IFAC Code to consider Philippine regulatory requirements and circumstances, except a. The period for rotation of the lead engagement partner was changed from ... , were included. d. Payment and receipt of commissions were not permitted in the Philippines

Last Answer : The period for rotation of the lead engagement partner was changed from five to seven years.

This bears the registration number, date of issuance with an expiry date, due for periodic renewal, duly signed by the Chairperson of the PRC and issued by the PRC to a registered CPA upon payment of the registration fees: a. Certificate of registration b. Certificate of accreditation c. Professional identification card d. Professional tax receipt

Description : This bears the registration number, date of issuance with an expiry date, due for periodic renewal, duly signed by the Chairperson of the PRC and issued by the PRC to a ... Certificate of registration b. Certificate of accreditation c. Professional identification card d. Professional tax receipt

Last Answer : Professional identification card

What is purpose of preparation of ACG40 in RMS? a. record the receipt and payment b. record the advance details c. None of these

Description : What is purpose of preparation of ACG40 in RMS? a. record the receipt and payment b. record the advance details c. None of these

Last Answer : a. record the receipt and payment

The entry to record the receipt of payment within the discount period on a sale of $750 with terms of 2/10, n/30 will include a credit to a. Sales Discounts for $15. b. Cash for $735. c. Accounts Receivable for $750. d. Sales for $750.

Description : The entry to record the receipt of payment within the discount period on a sale of $750 with terms of 2/10, n/30 will include a credit to a. Sales Discounts for $15. b. Cash for $735. c. Accounts Receivable for $750. d. Sales for $750.

Last Answer : c. Accounts Receivable for $750.

Liquidator‘s statement of receipt and payment is known as A. Cash flow statement B. Deficiency a/c C. Statement of affairs D. Liquidator‘s final statement of A/c

Description : Liquidator‘s statement of receipt and payment is known as A. Cash flow statement B. Deficiency a/c C. Statement of affairs D. Liquidator‘s final statement of A/c

Last Answer : D. Liquidator‘s final statement of A/c

Pick out the correct statement. (A) For identical gas flow rates, less pressure drop occurs through a plate tower than through a packed tower (B) Plate column can handle greater liquid loads without flooding than packed column, but the liquid hold up is more in the case of plate column (C) For the same duty, plate columns weigh less than packed columns (D) All (A), (B) and (C)

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Last Answer : (D) All (A), (B) and (C)

If the angle of attack is increased beyond the critical angle of attack, the wing will no longer produce sufficient lift to support the weight of the aircraft: a. Unless the airspeed is greater than the normal stall speed b. Regardless of airspeed or pitch attitude c. Unless the pitch attitude is on or below the natural horizon d. In which case, the control column should be pulled-back immediately

Description : If the angle of attack is increased beyond the critical angle of attack, the wing will no longer produce sufficient lift to support the weight of the aircraft: a. Unless the airspeed is greater ... below the natural horizon d. In which case, the control column should be pulled-back immediately

Last Answer : b. Regardless of airspeed or pitch attitude

If i send money through my bank account in Bank of America can i have a receipt that i can print where i can prove that the other person got the money?

Description : If i send money through my bank account in Bank of America can i have a receipt that i can print where i can prove that the other person got the money?

Last Answer : Send money how? Like a wire transfer? The bank will provide you with a receipt of the transaction. If you somehow don’t find a way to print one online. Call them or go to a branch and they can provide it as well.

Which of the following is the negotiable instrument? A. Fixed Deposit of a Bank B. Share certificate issued by a PSU C. Demand Draft issued by a bank D. Debenture of a company E. Airway Receipt

Description : Which of the following is the negotiable instrument? A. Fixed Deposit of a Bank B. Share certificate issued by a PSU C. Demand Draft issued by a bank D. Debenture of a company E. Airway Receipt

Last Answer : C. Demand Draft issued by a bank Explanation: A demand draft is a negotiable instrument similar to a bill of exchange. A bank issues a demand draft to a client (drawer), directing another bank (drawee) or one of its own branches to pay a certain sum to the specified party (payee).

What is the fullform of eSBTR? A. Electronic Secured Basic Transaction Receipt B. Electronic Stamp Bank Treasury Receipt C. Electronic Stamp Bank Transaction Receipt D. Electronic Secured Bank Treasury Receipt E. Electronic Secured Basic Treasury Receipt

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Last Answer : D. Electronic Secured Bank Treasury Receipt Explanation: e-SBTR, is an Electronic – Secured Bank and Treasury Receipt, issued by the Officer of the participating bank, on secured Government stationery, on payment of Stamp- duty in Virtual Treasury.

Which of the following is a revenue receipt? a) Loan from the International Monetary Fund b) Grant from the World Bank c) Borrowing from the Public d) Public Issue of shares

Description : Which of the following is a revenue receipt? a) Loan from the International Monetary Fund b) Grant from the World Bank c) Borrowing from the Public d) Public Issue of shares

Last Answer : b) Grant from the World Bank

In case of failed ATM transactions, if the amount is not credited to customer‟s account within 7 working days from the date of receipt of the complaint. Banks have to pay compensation at the rate of Rs.________ per day. A. 150 B. 200 C. 100 D. 10 E. 50

Description : In case of failed ATM transactions, if the amount is not credited to customer‟s account within 7 working days from the date of receipt of the complaint. Banks have to pay compensation at the rate of Rs.________ per day. A. 150 B. 200 C. 100 D. 10 E. 50

Last Answer : C. 100 Explanation: Reconciliation of failed transactions at ATMs – For any failure to re-credit the customer‘s account within 7 working days from the date of receipt of the complaint, the bank will pay compensation of Rs.100/-, per day, to the aggrieved customer.

The date of credit of cheque in case of RD/PPF account will be the date of a) Presentation of cheque b) Receipt of the cheque from postmaster c) Receipt of the cheque from HO d) The date clearing

Description : The date of credit of cheque in case of RD/PPF account will be the date of a) Presentation of cheque b) Receipt of the cheque from postmaster c) Receipt of the cheque from HO d) The date clearing

Last Answer : d) The date clearing

In case any discrepancy, passbook will be retained and receipt form____ will be issued to the depositor a) SB-32 b) SB-28 c) SB-27 d) SB-14

Description : In case any discrepancy, passbook will be retained and receipt form____ will be issued to the depositor a) SB-32 b) SB-28 c) SB-27 d) SB-14

Last Answer : b) SB-28

In the case of VPMOs issued at the office of delivery of the VP article, the MO receipt a) Will be retained in the book of MO receipt. b) Will be detached an sent to office of posting c) The receipt will be given to the addressee of the article d) Will be pasted to the corresponding VP receipt book

Description : In the case of VPMOs issued at the office of delivery of the VP article, the MO receipt a) Will be retained in the book of MO receipt. b) Will be detached an sent to office of posting c) The receipt will be given to the addressee of the article d) Will be pasted to the corresponding VP receipt book

Last Answer : d) Will be pasted to the corresponding VP receipt book

(i) Issue of Bearer cheque record on payments side of cash book in Bank Column.

Description : (i) Issue of Bearer cheque record on payments side of cash book in Bank Column.

Last Answer : Do you agree with the following statements : (i) Issue of Bearer cheque record on payments ... transactions are recorded in the cash book only.

Pick out the wrong statement. (A) With decrease in feed temperature, the number of plates required for binary distillation decreases for a given ‘L/V’ ratio (B) The extraction per unit of total height for a short packed column is more effective than for a tall column, in case of liquid-liquid extraction(C) Natural draft cooling towers are made of ferroconcrete and its cross￾section is wider at the bottom(D) Vander wall adsorption is also called chemisorption

Description : Pick out the wrong statement. (A) With decrease in feed temperature, the number of plates required for binary distillation decreases for a given L/V' ratio (B) The extraction per unit ... and its cross￾section is wider at the bottom (D) Vander wall adsorption is also called chemisorption

Last Answer : (D) Vander wall adsorption is also called chemisorption

Tension on slack side in case of chain drive a) Lesser than on tight side b) Greater than on tight side c) Zero d) Equal to that on tight side

Description : Tension on slack side in case of chain drive a) Lesser than on tight side b) Greater than on tight side c) Zero d) Equal to that on tight side

Last Answer : c) Zero

In an absorption column, the flooding velocity for random packing is __________ that for stacked/regular packing. (A) Greater than (B) Smaller than (C) Equal to (D) Either (A), or (B); depends on the type of packing

Description : In an absorption column, the flooding velocity for random packing is __________ that for stacked/regular packing. (A) Greater than (B) Smaller than (C) Equal to (D) Either (A), or (B); depends on the type of packing

Last Answer : (B) Smaller than

An R.C.C. column is treated as long if its slenderness ratio is greater than (A) 30 (B) 35 (C) 40 (D) 50

Description : An R.C.C. column is treated as long if its slenderness ratio is greater than (A) 30 (B) 35 (C) 40 (D) 50

Last Answer : Answer: Option D

Bottom bars under the columns are extended into the interior of the footing slab to a distance greater than (A) 42 diameters from the centre of the column (B) 42 diameters from the inner edge of the column (C) 42 diameters from the outer edge of the column (D) 24 diameters from the centre of the column

Description : Bottom bars under the columns are extended into the interior of the footing slab to a distance greater than (A) 42 diameters from the centre of the column (B) 42 diameters from the inner edge of ... ) 42 diameters from the outer edge of the column (D) 24 diameters from the centre of the column

Last Answer : Answer: Option C

According to IS: 4561978, the column or the strut is the member whose effective length is greater than (A) The least lateral dimension (B) 2 times the least lateral dimension (C) 3 times the least lateral dimension (D) 4 times the least lateral dimension

Description : According to IS: 4561978, the column or the strut is the member whose effective length is greater than (A) The least lateral dimension (B) 2 times the least lateral dimension (C) 3 times the least lateral dimension (D) 4 times the least lateral dimension

Last Answer : Answer: Option C

According to IS:456-2000, the minimum slenderness ratio for a short column is [ A ] Less than 12 [ B ] Between 12 and 18 [ C ] Less than 18 [ D ] Must be greater than 18

Description : According to IS:456-2000, the minimum slenderness ratio for a short column is [ A ] Less than 12 [ B ] Between 12 and 18 [ C ] Less than 18 [ D ] Must be greater than 18

Last Answer : [ A ] Less than 12

A column whose slenderness ratio is greater than 120 is known as (a) Short column (b) Long column (c) Medium column (d) Composite column

Description : A column whose slenderness ratio is greater than 120 is known as (a) Short column (b) Long column (c) Medium column (d) Composite column

Last Answer : (b) Long column

A company limited by shares has to call the statutory meeting within a period of not less than one month and not more than six months. This period is counted with reference to which one of the following ? (A) The date of incorporation (B) The date at which the company is entitled to commence business (C) The date of actual receipt of certificate of incorporation (D) The date of actual commencement of business

Description : A company limited by shares has to call the statutory meeting within a period of not less than one month and not more than six months. This period is counted with reference to which one of ... date of actual receipt of certificate of incorporation (D) The date of actual commencement of business

Last Answer : Answer: The date at which the company is entitled to commence business

Mark the correct option relating to Senior citizens saving scheme a) An individual of the Age 60 years or more may open the account b) An individual of the age of 55 years or more but less than 60 years who has retired on superannuation or under VRS can also open account within the one month of receipt the retirement benefits and not exceed the amount of retirement benefits c) The maturity period is 5 years d) All the above

Description : Mark the correct option relating to Senior citizens saving scheme a) An individual of the Age 60 years or more may open the account b) An individual of the age of 55 years or more but less than 60 ... and not exceed the amount of retirement benefits c) The maturity period is 5 years d) All the above

Last Answer : d) All the above

For online payments, is it better to do it through my bank instead of using the payee's online payment system?

Description : For online payments, is it better to do it through my bank instead of using the payee's online payment system?

Last Answer : I use my bank's ez pay system. It's worked great for me for years. In the past our company ran into a problem with a credit card processing vendor who initiated a BS withdrawal from our bank (we ... them to submit a bill to your bank and the bank will pay the amount submitted if you set that up.

Bank of America website down, can't pay bills, how can I document that I tried to log on to pay bills so I can argue missed payments or late payment?

Description : Bank of America website down, can't pay bills, how can I document that I tried to log on to pay bills so I can argue missed payments or late payment?

Last Answer : Keep trying!

Can a bank foreclose on your home at any time for any reason, even if you've never missed a payment?

Description : Can a bank foreclose on your home at any time for any reason, even if you've never missed a payment?

Last Answer : Yes. It is in the small print. It would be a very bad thing to do. But, most loans have a clause to that effect.

Suppose I borrow money from X and I authorize my bank to make monthly payments directly from my checking account. Now, I want more flexibility by paying either online or by check. X refuses to let me do this. But my bank refuses to "stop payment" on these tranfers even though its my money and it has no obligation to X. What's the law on this?

Description : Suppose I borrow money from X and I authorize my bank to make monthly payments directly from my checking account. Now, I want more flexibility by paying either online or by check. X refuses to let me do ... tranfers even though its my money and it has no obligation to X. What's the law on this?

Last Answer : answer:Hmm, I suppose you're from USA. Don't know the laws there, but here in Slovenia, we handle things like this by calling and yelling at the lady on the other side and things get fixed eventually. But ... what you can't do with you money. I'd threaten them I'm gonna change the bank or smthng.

(i) Refusal by the bank to make payment of a cheque.

Description : (i) Refusal by the bank to make payment of a cheque.

Last Answer : Give one word/term/phrase which can substitute each of the following statements: (i) Refusal ... making payment to outside parties through the bank.

(i) When a bank refuses to make the payment of the cheque, it is said to be ________

Description : (i) When a bank refuses to make the payment of the cheque, it is said to be ________

Last Answer : Complete the following sentences: (i) When a bank refuses to make the payment of the cheque, ... v) _________ advance is given to the petty cashier.

Write a letter to the bank to stop the payment of the cheque.

Description : Write a letter to the bank to stop the payment of the cheque.

Last Answer : Write a letter to the bank to stop the payment of the cheque.

Reserve Bank of India has granted in principle approval to the common service Centres to act as which operating unit to make bill payments in rural? A) Bharat Bill Payment B) National Bill Payment C) Non Banking Financial D) Mobile Banking Payment E) None of these

Description : Reserve Bank of India has granted in principle approval to the common service Centres to act as which operating unit to make bill payments in rural? A) Bharat Bill Payment B) National Bill Payment C) Non Banking Financial D) Mobile Banking Payment E) None of these

Last Answer : A) Bharat Bill Payment Explanation: Reserve Bank of India has granted in-principle nod to the common service centres RBI (CSCs) as Bharat Bill Payment Operating Unit to make bill payments at centres in rural bands.

Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ? A) Laxmi Vilas Bank B) Federal Bank C) South Indian Bank D) Karnataka Bank E) Karur Vysya Bank

Description : Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ? A) Laxmi Vilas Bank B) Federal Bank C) South Indian Bank D) Karnataka Bank E) Karur Vysya Bank

Last Answer : B) Federal bank Explanation: Federal bank has signed an agreement with Reliance Jio Money for One-Click payment service. Reliance Jio money is a wallet application that will be launched soon for mobile devices where Federal bank will enable a direct payment option for its customers.

The Aadhaar-Enabled Payment Systems(AEPS) is a bank led model that facilitates banking facilities by allowing transactions at Point of Sale through the Business Correspondent (BC) using the Aadhaar authentication number. Aadhaar enabled basic types of banking do not include A. Balance Enquiry B. Cash Withdrawal C. Online Payment D. Cash Deposit E. Aadhaar to Aadhaar funds transfer

Description : The Aadhaar-Enabled Payment Systems(AEPS) is a bank led model that facilitates banking facilities by allowing transactions at Point of Sale through the Business Correspondent (BC) using the Aadhaar ... . Cash Withdrawal C. Online Payment D. Cash Deposit E. Aadhaar to Aadhaar funds transfer

Last Answer : C. Online Payment Explanation: Services Offered by AEPS: Balance Enquiry Cash Withdrawal Cash Deposit Aadhaar to Aadhaar Fund Transfer Gateway Authentication Services

The Overseas Principal should obtain necessary authorisation from the Reserve Bank of India under the provisions of which Act to commence/ operate a payment system? A. Reserve Bank of India Act–1934 B. Banking Companies (Acquisition and Transfer of Undertakings) Act–1970 C. Banking Regulation (Companies) Rules, 1949 D. Payment and Settlement Systems Act (PSS Act), 2007 E. None of the Above

Description : The Overseas Principal should obtain necessary authorisation from the Reserve Bank of India under the provisions of which Act to commence/ operate a payment system? A. Reserve Bank of India Act-1934 B. Banking ... , 1949 D. Payment and Settlement Systems Act (PSS Act), 2007 E. None of the Above

Last Answer : D. Payment and Settlement Systems Act (PSS Act), 2007 Explanation: The Overseas Principal should obtain necessary authorisation from the Department of Payment and Settlement Systems, Reserve Bank of India ... Payment and Settlement Systems Act (PSS Act), 2007 to commence/ operate a payment system.

According to Reserve Bank of India Regulations, “Universal Banks” are permitted to pick up stake in Payment Banks up to _________ A. 35% B. 25% C. 20% D. 40% E. 30%

Description : According to Reserve Bank of India Regulations, “Universal Banks” are permitted to pick up stake in Payment Banks up to _________ A. 35% B. 25% C. 20% D. 40% E. 30%

Last Answer : E. 30% Explanation: RBI regulations allow universal banks to invest up 30 per cent in payments banks.

________ have been awarded the license by the Central Bank to operate Bharat Bill Payment System (BBPS) recently. A. Common Service Centres (CSC) B. Financial Institutions C. Only (A) D. Both (A) and (B) E. None of the Above

Description : ________ have been awarded the license by the Central Bank to operate Bharat Bill Payment System (BBPS) recently. A. Common Service Centres (CSC) B. Financial Institutions C. Only (A) D. Both (A) and (B) E. None of the Above

Last Answer : A. Common Service Centres (CSC) Explanation: over 1.5 Lakh common service centres (CSC) or Digital Seva Kendres have been awarded the license by the Central Bank to operate Bharat Bill Payment System (BBPS).

To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of India under ________ A. Payment and Settlement Systems (PSS) Act 2007. B. Foreign Exchange Management Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above

Description : To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of India under ________ A. Payment and Settlement Systems (PSS) Act 2007. B. Foreign ... Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above

Last Answer : A. Payment and Settlement Systems (PSS) Act 2007. Explanation: To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of ... PSS) Act 2007. Bharat Bill Payment Operating Units (BBPOUs) will be the authorised operational units.

_______ percentage of Payment Bank‟s branches must be in the unbanked rural area. A. 25% B. 10% C. 15% D. 20% E. None of the Above

Description : _______ percentage of Payment Bank‟s branches must be in the unbanked rural area. A. 25% B. 10% C. 15% D. 20% E. None of the Above

Last Answer : A. 25% Explanation: 25% of Payment Bank‘s branches must be in the unbanked rural area.

Unified Payment System (UPI), a common platform which links your _________ to a virtual payment address, effectively making money transfer as easy as an SMS. A. Bank Account Number B. IFSC Code C. Virtual Address D. All of the Above E. None of the Above.

Description : Unified Payment System (UPI), a common platform which links your _________ to a virtual payment address, effectively making money transfer as easy as an SMS. A. Bank Account Number B. IFSC Code C. Virtual Address D. All of the Above E. None of the Above.

Last Answer : A. Bank Account Number Explanation: Unified Payment System (UPI), a common platform which links your bank account number to a virtual payment address, effectively making money transfer as easy as an SMS.

Payment of crossed Indian Postal order will be made a) By cash b) Direct to the payee c) Through PO Saving bank or any of the bank d) All the above

Description : Payment of crossed Indian Postal order will be made a) By cash b) Direct to the payee c) Through PO Saving bank or any of the bank d) All the above

Last Answer : c) Through PO Saving bank or any of the bank

A violation of the ethical standards would most likely have occurred when a CPA a. Made arrangement with a bank to collect notes issued by a client in payment of fees due. b. Joined an accounting firm made up of three non-CPA practitioners. c. Issued an unqualified opinion on the 2006 financial statements when fees for the 2005 audit were unpaid. d. Purchased a bookkeeping firm's practice of monthly write-ups for a percentage of fees received over a three-year period

Description : A violation of the ethical standards would most likely have occurred when a CPA a. Made arrangement with a bank to collect notes issued by a client in payment of fees due. b. Joined an ... bookkeeping firm's practice of monthly write-ups for a percentage of fees received over a three-year period

Last Answer : Issued an unqualified opinion on the 2006 financial statements when fees for the 2005 audit were unpaid