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NEW QUESTION: 1
X furnishes the following particulars for the compilation of his wealth-tax return for assessment year 2012-13.

A. Rs. 2 lakh
B. Rs. 9 lakh
C. Rs. 17 lakh
D. Rs. 9.50 lakh
Answer: A

NEW QUESTION: 2
A distributed network is always decentralized.
A. False
B. True
Answer: A
Explanation:
Explanation/Reference:
Reference: https://stackoverflow.com/questions/49195562/difference-between-a-distributed-and-a-decentralized-network

NEW QUESTION: 3
The method that divides a project's annual after-tax net income by the average investment cost to
measure the estimated performance of a capital investment is the:
A. Payback method.
B. Accounting rate of return method.
C. Internal rate of return method.
D. Net present value method.
Answer: B
Explanation:
Choice "b" is correct. Accounting rate of return divides annual after-tax net income by average investment
amount.
Choices "a", "c", and "d" are incorrect. IRR, NPV and payback all use cash flows, not net income.