Goa PSC Commercial Tax Officer Question Paper 2021 Download Free PDF

Goa PSC Commercial Tax Officer Question Paper 2021 Download Free PDF

Goa PSC Commercial Tax Officer Question Paper 2021Goa Public Service Commission (Goa PSC) 2021 Commercial Tax Officer Question paper with answers Goa PSC Commercial Tax Officer 2021 Question with solution you can download it in FREE, if Goa PSC Commercial Tax Officer (MCQ) 2021 paper in text or pdf for Goa PSC Commercial Tax Officer 2021 Answer Keys you can download Goa PSC 2021 page also just Go to menu bar, Click on File->then Save.

Goa PSC Commercial Tax Officer Question Paper 2021 Download PDF

Goa Public Service Commission (Goa PSC) 2021 Commercial Tax Officer Question paper Free Download PDF is available in www.oldquestionpapers.net which has been provided by many students this Goa PSC 2021 paper is available for all the students in FREE and also Goa PSC Commercial Tax Officer (MCQ) Question paper 2021 fully solved Goa PSC with answer keys and solution.

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SAMPLE QUESTIONS

Q1 : The Current Ratio of a company is 2:1. Which of the following transactions would improve the ratio?

(a) Purchase of a fixed asset on credit
(b) Cash received from debtors
(c) Sale of office furniture for cash
(d) Purchase of stock-in-trade for cash

Q2 : The current sales price of product of T Ltd. is Rs.180 per unit. Variable costs are expected to increase from Rs.140 to Rs.150 per unit. Fixed costs of Rs.6,00,000 will not change. Which of the following is the number of additional sales units required in order to maintain the existing operating income of Rs.7,20,000?

(a) 10,000 units
(b) 8,800 units
(c) 8,000 units
(d) 11,000 units

Q3 : According to which of the following Accounting Concepts Consolidated Financial Statements are prepared when a parent-subsidiary relationship exists?

(a) Going concern
(b) Business entity
(c) Materiality
(d) Cost

Q4 : Which of the following inventory valuation methods shows higher profits during the period of rising prices?

(a) First-In-First-Out Method
(b) Last-In-First-Out Method
(c) Weighted Average Cost Method
(d) Simple Average Cost Method

Q5 : Which of the following is a formula for calculation of the danger Level of Inventory?

(a) Average consumption x Lead time to get urgent supplies
(b) Normal consumption x Lead time to get urgent supplies
(c) Maximum consumption x Lead time to get urgent supplies
(d) Minimum consumption x Lead time to get urgent supplies

Commercial Tax Officer [CBRT Question Paper held on 26.05.2019]

 

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