Correct Answer:- Option-C
Question73:-..... is the present value of estimated future cash flows generated by the asset including its estimated net
disposable value at the end of its expected useful life.

A:-Value in use

B:-Carrying amount
:-Recoverable amount

D:-Fair value

Correct Answer:- Option-A
Question74:-..... is referred to as an examination of evidence regarding an assertion to determine its correspondence to
established criteria carried out in a manner suitable to the court.

A:-Forensic audit

B:-Investigation

C:-System audit

D:-Management audit

Correct Answer:- Option-A
Question75:-Registered geographical indication shall be valid
A:-For 5 years and cannot be renewed
-For 10 years and cannot be renewed
C:-For 5 years and can be renewed from time to time
D:-For 10 years and can be renewed from time to time
Correct Answer:- Option-D

Question76:-The process of studying and collecting information relating to the operation and responsibilities of a specific job
is known as

A:-Job evaluation

B:-Job analysis

C:-Job description

D:-Job identification
Correct Answer:- Option-B

Question77:-..... is the process of negotiation between employers and the representatives of a unit of employees aimed at
reaching agreements that regulate working conditions

A:-Arbitration
B:-Participation management
:-Collective bargaining
D:-Code of conduct
Correct Answer:- Option-C
Question78:-The ratio which shows the relationship beteween shareholder's fund and total assets
A:-debit equity ratio
B:-Proprietary ratio
C:-Solvency ratio
D:-Fixed asset ratio
Correct Answer:- Option-B
Question79:-A ..... defines the basic reason for the existence of the organization and reflects the corporate philosophy,
identity, character, and image of an organization.
A:-Mission statement
-Vision statement
C:-Statement of Purpose
D:-Memorandum of understanding
Correct Answer:- Option-A
Question80:-Which one of the following is not a privilege given to One Person Companies?
A:-No need to hold AGM
B:-No need to appoint Company Secretary
C:-Need not prepare Cash Flow Statement
D:-Provisions relating to independent directors do not apply
Correct Answer:- Option-B
Question81:-Which of the following is not a method for determining the arm's length price in relation to an international
transaction and specified domestic transaction under Income Tax Act.
A:-Comparable Uncontrolled Price Method
B:-Resale Price Method
C:-Cost Plus Method
D:-Profit Plus Method