Practice Test

Q1) Profession of Company Secretaries is regulated in India by provisions of the - Show Answer

Q2) ICSI functions under the jurisdiction of the - Show Answer

Q3) Company Secretary is also known as - Show Answer

Q4) At present near about _____ persons are the members of ICSI. Show Answer

Q5) The Council of ICAI constitutes of _____ members of whom _____ are elected by the Chartered Accountants and remaining _____ are nominated by the Central Government generally representing the Comptroller and Auditor General of India, Securities and Exchange Board of India, Ministry of Corporate Affairs, Ministry of Finance and other stakeholders. Show Answer

Q6) Institute of Cost Accountants of India was established on - Show Answer

Q7) Objective of the Institute of Cost Accountants of India is - Show Answer

Q8) Member of which organization can be appointed as statutory auditor of a company under the Companies Act, 2013. Show Answer

Q9) IFRS Foundation is a _____ responsible for developing a single set of high-quality global accounting standards, known as IFRS Standards. Show Answer

Q10) The IFRS Foundation has a _____ governance structure Show Answer

Q11) Financial Reporting Council (UK) is a: Show Answer

Q12) The Financial Reporting Council (UK) board is supported by three committees, namely: Show Answer

Q13) Approval of exposure drafts, re¬exposure drafts, and IPSASs are made by the affirmative vote of at least _____ of the International Public Sector Accounting Standards Board (IPSASB) members. Show Answer

Q14) The European Financial Reporting Advisory Group (EFRAG) is a private association established in - Show Answer

Q15) Professional Oversight Board (POB) is a: Show Answer

Q16) FRRP stands for - Show Answer

Q17) The Emerging Issues and Task Force was formed by - Show Answer

Q18) Which of the following is not correct in relation to POB (Professional Oversight Board). Show Answer

Q19) Which of the following does not fall under the scope of Ind As 102 Show Answer

Q20) Among the following Disclosures, which of the following are required under Ind AS 102. Show Answer

Q21) National and International Accounting Authority Show Answer

Q22) The role of a Company Secretory is : Show Answer

Q23) The ICAI was established in Show Answer

Q24) The ICAI functions under the Ministry of - Show Answer

Q25) The total number of member in the council of ICAI are - Show Answer

Q26) The Institute of Cost Accountants of India was setup in - Show Answer

Q27) IFRS refers to - Show Answer

Q28) Financial Accounting Standard Board is a - - Show Answer

Q29) A ICPA was founded in - Show Answer

Q30) Professional Oversight Board (POB) is regulatory body situated in - Show Answer

Q31) Accountancy and Actuarial Discipline Board (AADB) is a disciplinary body in - Show Answer

Q32) FASB Stands for : Show Answer

Q33) AASB Stands for Show Answer

Q34) EFRAG Stands for: Show Answer

Q35) In which year ICSI was set - up? Show Answer

Q36) Which of the following institute formerly was established as a registered company under the companies Act? Show Answer

Q37) The Institute of Chartered Accounts of India is the ____ professional body of Chartered Accountants in the world. Show Answer

Q38) "The Association of International Certified Professional Accountants" launched by the: Show Answer

Q39) Financial Reporting Council is an organization of which country? Show Answer

Q40) "Satyam Vada, Dharam Chara" is: Show Answer

Q41) IASB stands for: Show Answer

Q42) The structure of IFRS Foundation consists of: Show Answer

Q43) The Advisory Council is the formal advisory body to the: Show Answer

Q44) Public Interest Committee (PIC) established by IPSASB consists of individuals, from the: Show Answer

Q45) The Association of International Certified Professional Accountants launched in 2017, bringing together the expertise and capabilities of the: Show Answer

Q46) The Institute of Chartered Accountants in Australia and the New Zealand Institute of Chartered Accountants amalgamated to become one body: Show Answer

Q47) External Reporting Board (XRB) belongs to: Show Answer

Q48) Financial Reporting Council (UK) is a : Show Answer

Q49) Which of the following International Accounting Standard (IAS) is related to Employee Benefits? Show Answer

Q50) The Association of International Certified Professional Accountants launched in 2017, bringing together the expertise and capabilities of the: Show Answer

Q51) External Reporting Board (XRB) belongs to: Show Answer

Q52) Public Interest Committee (PIC) established by International Public Sector Accounting Standards Board (IPSASB) consists of individuals from the: Show Answer

Q53) AICPA was founded in ____ Show Answer

Q54) APB stands for Show Answer

Q55) The IFRS Advisory Council is the formal advisory body to
the: Show Answer