Question
If a government grant is received but later becomes
refundable, how should it be accounted?ÂSolution
The correct answer is C
Shortage in material can be due to normal reasons or due to abnormal reasons.
Which of the following will be regarded as shortage due to abnormal reason?
A listed company did not appoint a woman director on its Board. During audit, you find non-compliance continuing for 6 months. What is implication?
What type of banking transaction allows customers to invest in a diverse portfolio of stocks, bonds, and other securities?
Government company is defined under which section?
Which of the following categories of inventory are typically reported by a company in its financial statements?
The death-cum-retirement gratuity received by the Government Employee or employee of local authority is _______________.
Section __________ of the Competition Act, 2002, discusses anti-competitive agreements.
What is the standard range of a CIBIL score used for individual credit evaluation in India?
A software company provides license + 2 years of updates and support. How should revenue be recognised?
If the PV ratio us 80% and MOS is 20000. Calculate FC if SP per unit is 5 and Contribution is 40000.