Question
A company changed its depreciation method from
straight-line to diminishing balance, stating this better reflects usage pattern. The change led to material reduction in profit. How should the change be accounted for?Solution
Change in depreciation method is a change in accounting estimate. As per Ind AS 8, it is accounted for prospectively with adequate disclosure of the reasons and effects.
Complete the following series.
e25, j100, o225_______
I is the son of B. G is the son of A. B is the wife of A. H is the wife of G. I is the husband of J. W is the daughter of J. U is the son of G. How is B...
Select the number that can replace the question mark (?) in the given number series.
15, 19, 28, 44, ?, 105
Two statements are given followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at variance w...
Select the figure from the options that can replace the question mark (?) and complete the given pattern.
Select the option which is related to the third term in the same way as the second term is related to the first term.
RKP : VHS :: UJM : ?
Select the correct mirror image of the given figure, when the mirror is placed at MN as shown below.
Select the set in which the numbers are related in the same way as are the numbers of the following sets.
(NOTE: Operations should be performed o...
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
Select the combination of letters that when sequentially placed in the blanks of the given series will complete the series.
GA_B M_PB SA_B YAB_ _AHB
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