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When the amount of a known liability cannot be determined accurately but is expected to be incurred, it is a common accounting practice to create a provision. A provision is a liability that is recognized when the amount is uncertain but can be reasonably estimated.
Read the given statements and conclusion carefully. Assuming the information given in the statement is true, even if it appears to be at variance with ...
Statement:
I) Barriers to transportation in rural areas results in missed healthcare appointments, delays in receiving healthcare intervent...
Statements:
I. The warming trend in urban areas was higher than in the suburbs especially during April to June in the current year.
I...
Event (A): More than 11.5 lakh saplings are being planned to be planted across the city and school children will be advised to take care of 2 saplings e...
Event (A): Scientists have discovered the oldest orchid fossil trapped in amber that dates back some 45 million years to 55 million years
Ev...
Statement: The rail security helpline was flooded with complaints on catering and cleanliness in the trains.
I. Railways has initiated a ne...
Statements:
1.The government reduced the interest rates on home loans.
2. There has been a significant rise in the purchase of new houses.
Statements:
I. The literacy rate in the district has been increasing for the last four years.
II. The district administration has co...
Select the combination of numbers that when placed sequentially in the blanks of the given series will complete the series.
r s _ u _ w x _ s _ u...
Event (A): The residents of Oorgaumpet in Kolar Gold Fields woke to see a 200-ft-deep sinkhole, which had formed overnight in their neighbourhood. ...