Question
Which of the following is the correct full form of
REIT?Solution
A Real Estate Investment Trust (REIT) is a type of investment vehicle that allows individuals to invest in real estate properties without directly owning them. REITs pool funds from multiple investors to invest in a diversified portfolio of income-generating real estate assets, such as commercial properties, residential complexes, and infrastructure projects. They provide a way for investors to access real estate markets and earn a share of the rental income and capital appreciation from the properties within the trust.
Advance amount received from customers is not considered as sale. It is based on which concept?
Which report is issued after completion of statutory audit of a PSU?
An enterprise consumes 25,600 units of a component annually. The order cost is ₹600 per order, and carrying cost is ₹12/unit/year. A supplier offers...
The coefficient of correlation takes the value in which of the following ranges?
Which of the following is shown under investing activities in the cash flow statement ?
_______ refers to the information collected by an auditor to ascertain the accuracy and compliance of a company's financial statements.
Which accounting standard provides guidance on how to account for foreign currency transactions and the effects of changes in foreign exchange rates on...
Which of the following expenditure should NOT be recognized as intangible asset as per AS 26?
Under Ind AS 116, which of the following is true for lessees?
While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing inventory of the previous year. I...
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