……………….. is a method of organising the accounting system of a business concern or a factory by which the duties of various clerks are arranged in such a way that the work of one person is automatically checked by another.

Related MCQs

• In case the Key man insurance policy is taken in name of any other person any sum received on its maturity by such person shall be taxable under the head -
• Misappropriation of goods may be checked by
• For ITAT special powers of stay is available and stay will automatically Get vacated if matter is not decided in time of.
• Income by way of royalty in respect of a patent developed and registered in India in respect of person who is resident in India is chargeable to tax at rate of -
• There are certain specified financial transactions in which quoting of PAN is mandatory. If a person intending to enter into such transaction does not hold PAN then, he has to furnish;
• Types of EDP Accounting System:
• Describe the status of the following person (i.e. individual, HUF, Firm, Company etc.) X and Yare legal heirs of Z. Z died in 2018 and X and Y carry on his business without entering into a partnership.
• Duties of an auditor is _______.
• Family pension received by a widow of a member of the armed forces where the death of the member has occurred in the course of the operational duties, is………………..
• franchise fee received by an assessee in tourism business, against special rights given to franchisees to undertake hotel business in assessee’s property is taxable under the head _____