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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. 35,000
B. Rs. 25,000
C. Nil
D. Rs. 45,000
Answer: B

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

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. It consolidates data from the legacy feeder system.
C. It performs multidimensional analysis of consolidated financial data by using Oracle Enterprise Planning and Budgeting.
D. GCS automatically generates journal entries to eliminate intercompany balances based on defined rules.
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 console settings
C. the internal IP address
D. the type of antivirus software that is installed
Answer: C
Explanation:
Explanation/Reference:
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