Representative General Body May Be Constituted by

question 11

Multiple Choice

Representative general body may be constituted by

• A)society having one taluk as its area of operation
• B)society having one taluk as its area of operation and having not less than 1000 members
• C)society having one taluk or more than one taluk as its area of operation and not less than 1000 members
• D)society having more taluks as its area of operation and having more than 1000 members

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Definitions:

Account Payable

Money owed by a business to its suppliers shown as a liability on the company's balance sheet.

Account Payable

Obligations or money owed by a company to suppliers or creditors for goods and services received that have not yet been paid for.

Note Payable

A written agreement where one party promises to pay another a definite sum of money at a future date or on demand, sometimes with interest.

FICA Tax Rate

The percentage of social security and Medicare taxes that both employees and employers must pay, based on wages paid.