Quiz On Autocip Exception Logics

11 Questions | Total Attempts: 434

SettingsSettingsSettings
Please wait...
Quiz On Autocip Exception Logics

.


Questions and Answers
  • 1. 
    Which of the below unusual items will flow to ‘Non-operating section’ for Doplus legacy.
    • A. 

      Loss on Early extinguishment Debt

    • B. 

      Tax Impact on Unusual item

    • C. 

      Gain/Loss of fixed Asset

    • D. 

      Other Non-recurring item

  • 2. 
    Incurred Litigation expenses on the process of Restructuring the Organization, what will be the code we need to select for this nature of item?
    • A. 

      EGLO – Other non-recurring expenses

    • B. 

      ELIT – Litigation Expenses

    • C. 

      ERES – Restructuring Expenses

    • D. 

      EAQA – Acquisition Expenses

  • 3. 
    What is the in- built polarity for unusual item in Business segment
    • A. 

      Positive

    • B. 

      Negative

    • C. 

      Neutral

    • D. 

      All above

  • 4. 
    Some companies do not report the income statement. In TRF Do we collect whatever statements are reported
    • A. 

      True

    • B. 

      False

  • 5. 
    Complete the AUTOCIP exception:Suspect Gross dividend value captured xxx does not correspond to calculated Gross dividend where________________________
    • A. 

      DPS*Weighted average shares Value XXX

    • B. 

      Gross Dividend/DPS Value XXX

    • C. 

      DPS*No of shares outstanding Value XXX

    • D. 

      None of above

  • 6. 
    To which FCC, does MEAV maps in Doplus
    • A. 

      METL

    • B. 

      MPTL

    • C. 

      MNOS

    • D. 

      All the above

  • 7. 
    The Script for the logic Auditor Date < Annual INC compares
    • A. 

      Auditor as of date on the main Doplus page with the date of latest Income Statement available in database

    • B. 

      Auditor as of date on the main Doplus page with the date of last audited Income Statement available in database

    • C. 

      Auditor as of date on the header with the date of latest last audited Income Statement available in database

  • 8. 
    Dividend per share is reported and updated With Value while Gross Dividend should be either updated with
    • A. 

      Value

    • B. 

      Value or NA-If not reported

    • C. 

      Zero

    • D. 

      All the above

  • 9. 
    Should the Employees get carry forwarded to RES during Doplus BC Mapping in all the cases (Including Discontinued Reported)
    • A. 

      Yes

    • B. 

      No

  • 10. 
    Do we update Estimated /Approximate number of full time employees if precise number is not reported
    • A. 

      Yes

    • B. 

      No

  • 11. 
    Preliminary audit reviews are considered as full audit
    • A. 

      True

    • B. 

      False