Question
As per AS 10 (Revised) ‘Property, Plant and
Equipment’, an enterprise holding investment properties should value Investment property:Solution
Under AS 10 (Revised) in India, investment property must be measured using the cost model, even though its fair value must be disclosed in the notes. This differs from Ind AS 40, where entities have the option to use fair value (disclosed but not used for measurement in AS).
Which of the following banks emerged as Top Performers in NPA Management during FY23?
Consider the following statements about Directive Principles of State Policy:
1. They are fundamental in the governance of the country.
If a woman has two or more surviving children, how long will her maternity leave be?
Which of the following were the significance of Cripps Mission proposal?
1. The British government acknowledged India’s right to be a dom...
A man travels 80 km in three hours. He further travels for two more hours. Find the distance travelled in the latter two hours if his average speed for ...
Consider the following statements:
1. The theme for International Day of Yoga 2025 is “Yoga for One Earth, One Health”.
2. June 21...
Which of the following enzymes is responsible for unwinding the DNA double helix during replication?
Profit percentage received on a product when sold for Rs. 450 is equal to the percentage loss incurred when the same product is sold for Rs. 230. Find t...
Which of the following are the functions of the Reserve Bank of India?
I. RBI sells foreign currency in the ...
Which type of union is based on class consciousness rather than trade consciousness?
