Question
Given below are two statements, one is labelled as
Assertion A and the other is labelled as Reason R Assertion A: Median is the selection of central value, located in the middle of the series when all observations are arranged in ascending or descending order of magnitude but the use of median is not so popular. Reason R: Median does not possess any mathematical properties. In light of the above statements, choose the correct answer from the options given belowSolution
median is measure of central tendency
Ashutosh is a horse dealer. Tausif approaches Ashutosh for a horse. Ashutosh lends a horse which he knows to be vicious, to Tausif. Ashutosh doesn't dis...
The accounting principle that states that only those transactions which can be expressed in monetary terms should be recorded in the books of accounts i...
Which of the following statement is incorrect?
A company takes office space on a 5-year lease. As per Ind AS 116, what should be recognized in books at commencement?
According to the prudence concept, which of the following should be provided for in the books of accounts?
Parent Ltd. acquires 80% shares of Subsidiary Ltd. for ₹8,00,000 when Subsidiary’s net assets = ₹9,00,000. Calculate Minority Interest at acquisit...
The matching principle in accounting means:
All shares in respect of which dividend has not been paid or claimed for seven consecutive years or more shall be transferred by the company to ______
In a Life Insurance company, Premium earned during the year is ₹50 crore, Claims incurred ₹20 crore, Commission ₹5 crore, Operating Expenses ₹4 ...
Which of the following is not a fixed asset?
Relevant for Exams:
