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NEW QUESTION: 1
Many cost items fall into a " ", in which the decision to expense or to capitalize the expenditures is subjective. One such decision is the dividing line between maintenance expenditures, which
are expenses and capital improvements, which are capitalized.
A. Gary area
B. White area
C. Red area
D. White and gray area
Answer: A

NEW QUESTION: 2
Vishal is working with Amex Ltd since October 1, 1997. He is entitled to a basic salary of Rs. 6,000 pm.Dearness Allowance is 40% of Basic Salary for retirement benefits. He retired from his job on December
1,2010 (4 months before the end of F.Y 2010-11) and shifted to his village. He is entitled to the following benefits at the time of retirement. Gratuity = Rs. 98,000. Pension from December 1, 2008 = Rs. 2,000 per month. Payment from recognized PF = Rs. 3,00,000. Encashment of earned leave for 150 days = Rs. 36,000.
He was entitled to 40 days leave for every completed year of service. He got 50% of his pension commuted in lump sum w.e.f March 1, 2011 and received Rs. 1,20,000 as commuted pension. Vishal contributes Rs. 900 per month to RPF to which his employer contributes an equal amount. What will be the amount of un-commuted pension for Vishal that will form part of his total income for the A.Y. 2011-12?
A. Rs 4000
B. NIL
C. Rs 1000
D. Rs 7000
Answer: D

NEW QUESTION: 3
Previous to PAN-OS 7.0 the firewall was able to decode up to two levels. With PAN-OS 7.0 the firewall can now decode up to how many levels?
A. Three
B. Six
C. Four
D. Five
Answer: C