Quiz On Autocip Exception Logics

11 Questions | By NayanaLingamurth | Updated: Mar 22, 2022 | Attempts: 482

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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