Life Skills & Finance MCQ

Correct answer: Debtors age while creditors demand payment. From lesson: Debtors, creditors and working capital

Correct answer: Ability to pay short-term obligations. From lesson: Ratios: reading health in numbers

Correct answer: Cash flow starvation. From lesson: Cash flow: where money actually went

Correct answer: Proper correction entries preserving the trail. From lesson: Errors and corrections

Correct answer: Formal invoicing and tax compliance. From lesson: PAN, registration and business formality

Accounting, study skills, health and everyday life questions.

Q21. Working capital squeezes when: Medium

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Q22. The current ratio measures: Medium

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Q23. A profitable business can still fail from: Medium

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Q24. Book errors are fixed by: Medium

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Q25. A PAN number is required for: Medium

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Q26. VAT payable equals: Medium

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Q27. VAT on a tax invoice must be: Medium

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Q28. TDS is deducted by the: Medium

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Q29. Payroll registers record: Medium

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Q30. Nepali VAT returns are filed: Medium

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