logo

CuriousTab

CuriousTab

Discussion


Home Interview Accounting and Finance Comments

  • Question
  • What is FBT (Fringe Benefit Tax)?


  • Correct Answer
  • The tax payable on a non-salary benefit provided to an employee or an associate of the employee The employer is liable to pay any FBT and may choose to recover the FBT amount from the employee 


  • Accounting and Finance problems


    Search Results


    • 1. What steps would you take before approving an invoice for payment?
    • Discuss
    • 2. What is account payable? How we pass the entries in account payable and related all the question based on account payable?
    • Discuss
    • 3. Economists refer to purchases of stocks and bonds as investment.

    • Options
    • A. TRUE
    • B. FALSE
    • Discuss
    • 4. The main components of market risk are a) Liquidity risk b) Interest rate risk c) Currency risk

    • Options
    • A. Only a
    • B. both a and b
    • C. only c
    • D. all a, b and c
    • Discuss
    • 5. Contra-entries are passed only when

    • Options
    • A. Simple cash book is prepared
    • B. Double column cash book is prepared
    • C. Three column cash book is prepared
    • D. None of the above
    • Discuss
    • 6. What is diffrence between automatic Payments Batches and automatic payments?
    • Discuss
    • 7. Why does a company/business require an Accounts payables process?
    • Discuss
    • 8. What is the difference between EFT & Wire?
    • Discuss
    • 9. What is the main function of international monetary fund ?

    • Options
    • A. Help to solve Balance of Payment problems of member countries
    • B. Act as private sector lending arm of the World Bank
    • C. Finance investment loans to developing countries
    • D. Arrange international deposits from banks
    • Discuss
    • 10. Accounts that normally have debit balances are

    • Options
    • A. Assets,Expenses,and Common stock
    • B. Assets,Dividends,and Expenses
    • C. Assets,Expenses,and Revenues
    • D. All of the above
    • Discuss


    Comments

    There are no comments.

Enter a new Comment