CA Inter Accounts of Companies — practice questions
24 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice CA Inter Accounts of Companies in the app →Every company is required to maintain proper books of account at its:Books of account, together with relevant vouchers, must be preserved for a minimum period of ___ years:The financial statements of a company include the balance sheet, the statement of profit and loss, notes and, As defined in the Act, the financial year of a company ordinarily ends on the ___ of each year:Corporate Social Responsibility obligations are dealt with under Section ___ of the Companies Act, 2013:A company meeting the thresholds must spend at least ___ of its average net profits of the three immediately pCSR provisions apply to a company having, in the immediately preceding financial year, a net profit of ₹5 crorDepreciation in a company's accounts is to be provided in accordance with:The authority that monitors and enforces compliance with accounting and auditing standards for prescribed compWhere a company has one or more subsidiaries, associates or joint ventures, it must also prepare ___ financialThe report attached to the financial statements giving the state of the company's affairs and other prescribedReopening or recasting of a company's books of account can be done only on an order of a court or the:The financial statements of a company must give a ___ view of the state of affairs of the company:Books of account may be kept in:Financial statements are required to comply with the ___ notified under the Act:A company that fails to comply with CSR spending must, unless exempt, transfer the unspent amount to a:The format in which a company's balance sheet is to be prepared is prescribed in:The activities that qualify as CSR are listed in:Financial statements of a company are approved by the ___ before being signed and submitted to the auditor:A One Person Company and a small company are exempt from preparing the:A copy of the financial statements adopted at the AGM must be filed with the Registrar within ___ days of the The persons primarily responsible for maintaining proper books of account and the company's internal financialA company is required to constitute a CSR Committee of the Board if it falls within the ___ thresholds:Consolidated financial statements combine the financials of the parent and its: