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NEW QUESTION: 1
An assessee was allowed deduction of unrealized rent to the extent of Rs. 40,000 in the past although the total unrealized rent was Rs. 60,000. He is able to recover from the tenant Rs.45,000 during the previous year on account of such unrealized rent. He shall be liable to tax to the extent of:
A. Rs. 45,000
B. Rs. 25,000
C. Rs. 35,000
D. Nil
Answer: B

NEW QUESTION: 2
The receivers of an information systems service are known as a users.
A. False
B. True
Answer: B

NEW QUESTION: 3
Select three statements that apply to the Global Consolidation System (GCS). (Choose three.)
A. This system creates consolidated journal entries in both the parent and subsidiary sets of books.
B. GCS automatically generates journal entries to eliminate intercompany balances based on defined rules.
C. It performs multidimensional analysis of consolidated financial data by using Oracle Enterprise Planning and Budgeting.
D. It consolidates data from the legacy feeder system.
Answer: B,C,D

NEW QUESTION: 4
When you are viewing information about a computer, what is displayed?
A. when the operating system was installed
B. the type of antivirus software that is installed
C. the internal IP address
D. the console settings
Answer: C
Explanation:
Explanation/Reference:
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L4M2 Exam Topics

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L4M2 Offcial Page

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Check what resources you have available for studying.

Schedule the L4M2 Exam

Check when you can schedule the exam. Most people overlook this and assume that they can take the exam anytime but it’s not case.