Which Bank has been given scheduled bank status by RBI ?

Correct Answer: Non-Performing Assets

Correct Answer: All of the above

Correct Answer: 7 days

Correct Answer: The United States Federal Earned Income Tax Credit (EITC) is a refundable tax credit, that helps low and medium - income individuals and couples, primarily for those who have qualifying children

Correct Answer: The Accountant typically prepares the Bank Reconciliation Statement using all transactions Bank Reconciliation Statement : Bank reconciliation is a process which prepares a statement accounting for the difference between the cash balance in the cash account of a company and the cash balance according to its bank statement This statement can help a company to verify that its bank account ending balance per the bank matches the balance on hand per the company's general ledger

Correct Answer: Supplier should follow the check list 1 He should create confidence in the client mind 2 Services to be done (fulfilled in time) 3 Services to be done according the specification of the client 4 He should be placed the another order by doing the above three steps

Correct Answer: Invoice holds are 2 types 1)Sytem Hold 2) User Defined Holds Sytem Holds: Sytem holds the invoice if the Invoice Amt total is not equal to Invoice Distribution Amt To release the hold correct the amount and again validate the invoice User Defined Holds: These is defined by user If we do want to make payments to the validated invoice Go to particular invoice and apply hold going to Holds tab

Correct Answer: Service Sector

Explanation:

The  largest component of National income is service sector.

Correct Answer: Electronic Tax Collected at Source

Explanation:

Tax Collected at Source (TCS) is income tax collected in India payable by the seller who collects in turn from the buyer and it is provided under section 206C of Income Tax Act, 1961 at the sale of some goods which are specified.

E - TCS  is the process of filing TCS returns through electronic media. It is necessary for government and corporate collectors to file TCS returns in its electronic form. Collectors (other than government) have the provision to file TCS returns in physical form or electronic form.

Correct Answer: Sarbanes Oxley Act Otherwise known as Public companies Accounting reforms and investor protection Act It was enacted in 2002 in USA after lot of scams come up on accounting framework whereby investors lose faith and confidence on accounting disclosures