Finance workshop 2021 General

What is the classification of "cash & bank ?"

• Liability

• Owner's Equity

• Current Asset

• Revenue

Which of the following account code should be used when you received budget from National office or from other facilities of SOS Nepal?

• 88810

• 88100

• 81110

• 33300

Monthly Reporting timeline given for location for the report of September is

• 6th October

• 10 October

• 20th October

• 8th October

Which of the following Points will be check before sending Monthly Report?

• Posting date, account code

• Facility code, Description , Closing Balance,

• Payable ledger, Payable Transaction, Bank Book

• Bank Book , Bank Ledger, Bank Reconciliation

• All of these

According to SOS Nepal's constitution (Bidhan) section 6.2 article 3 who has the authority to change signatory/add new signature, open new bank accounts, and close bank accounts for SOS Nepal and its ancillary projects.

• Treasures

• Project Head

• National Director

• Accountant

In Accrual basic accounting process Expenses are recorded when they are incurred which may be before or after they are paid.

• True

• False

Which of the following are incorrect answer?

• Assets Increase By

  Dr.

• Expenses Increase By

  Dr. Cr.

• Labilities Increase By

  Dr.

• Revenue Increase By

  Cr.

which of the following is the correct IRD code for social Security tax

• 11111

• 11211

• 11112

• 11210

Which of the following is SOS Children's Villages Nepal's Pan number?

• 301839983

• 310893983

• 301893983

• 301893938

Tax Rates for Natural Person

Husband and wife having separate income source are given choice to

adopt either to get assessed separately or jointly as married family

• True

• False