Question
Under Ind AS 116, a company leases an asset for 5 years.
On transition, it recognizes a right-of-use asset and corresponding lease liability. However, the company had capitalized operating leases under previous GAAP. What transition approach has the company likely used?Solution
Recognition of right-of-use asset for previously capitalized operating leases indicates a full retrospective approach. Under modified retrospective, previously capitalized leases under Indian GAAP are not re-evaluated.
Select the number combination of letters that when placed sequentially in the blanks of the given series will complete the series.
A B A C _ D A ...
- Select the option that is related to the fifth element in the same way as the second element is related to the first element and the fourth element is rela...
Select the option that is related to third number-cluster in the same way first number cluster is related to second number-cluster.
94: 97 ...If 35 @ 18 = 66 and 49 @ 22 = 136, then 23 @ 44 = '?'.
In the following question, select the related word from the given alternatives.
Shirt : Cloth : : Bus : ?
Which answer figure will complete the pattern in the question figure?
Question Figure:
Select the related word/ letters/ number from the given alternatives.
PJQR : QKIJ :: RJDY : ?
Select the option that is related to the third term in the same way as the second term is related to the first term.
PARENTS : RUMFQBO :: FORESTS : ?
Select the option that is related to third letter- cluster in the same way as the second – letter cluster is related to the first letter- cluster.
...Select the option that is related to the fifth term in the same way as the second term is related to the first term and fourth term is related to third ...