Top 350+ Solved Information systems and engineering economics MCQ Questions Answer
Q. If the Computer is purchased on 11th May, 2018 then at what rate depreciation will be provided on it?
a. 60%
b. b.40%
c. 30%
d. 20%
Q. 30. If the machinery is purchased on 4th October, 2018 then at what rate depreciation will be provided on it?
a. 60%
b. b. 7.5%
c. 15%
d. 10%
Q. 31. The transfer of one or more undertakings as a result of the sale for a lump sum consideration without values being assigned to the individual assets and liabilities in the sale is known as :
a. lump sum sale
b. b. slump sale
c. aggregate sale
d. total sale
Q. 32. What is the rate of depreciation charged on computer software?
a. 40%
b. b. 15%
c. 60%
d. 100%
Q. 33. Rate of depreciation chargeable onfully temporary wooden structure for the assessment year 2019-20 is
a. 5%
b. b. 10%
c. 100%
d. 40%
Q. 47. DS acquired a building for Rs. ` 15 lakh in June, 2016 in addition to cost of land beneath the buildingof ` 3 lakh. It was used for personal purposes until he commenced business in June, 2018 and since thenit was used for business purposes. The amount of depreciation eligible in his case for the assessment year 2019-20 would be -
a. rs.` 1,50,000
b. b. rs.` 75,000
c. rs.` 37,500
d. rs.` 1,21,500
Q. XYZ Ltd is engaged in production of textile articles. Opening WDV of the block of assets was Rs.` 15, 00,000. During the year, plant was acquired under this block on 15th June 2018 amounting to Rs.` 10, 00,000. One of the asset falling within the block was sold for Rs. ` 5, 50,000 on 14-01- 2019. Rate of depreciation of the block is 15%.Calculate the total amount of depreciation including additional depreciation available during the previous year for the block. C
a. rs.` 2,92,500
b. rs.`4,92,500
c. rs.` 3,92,500 88
d. rs.` 3,52,500
Q. Centralised IT management system best suited for
a. small sized organization
b. large sizedorganization
c. all of the above
d. none of the above
Q. Decentralised IT management system best suited for
a. small sized organization
b. large sizedorganization
c. all of the above
d. none of the above
Q. Centralised IT management system has
a. inadequate control overthe organization
b. considerable controlover the organization
c. all of the above
d. none of the above
Q. Decentralised IT management system has
a. inadequate control overthe organization
b. considerable controlover the organization
c. all of the above
d. none of the above
Q. Information systems support an organization's business operations, managerial decision making and strategic competitive advantage. Suchsystem is called
a. business process reengineering
b. competitive advantage
c. competitive advantage
d. roles of information systems