Question
A manufacturing firm includes administrative overheads
and interest costs in inventory valuation during a slowdown. Which accounting principle is violated?Solution
Inventory must not include abnormal costs like interest or administrative overheads unrelated to production. Including them inflates asset values, violating the prudence concept.
The Industries Minister has been ________________ efforts to explore the possibilities of marketing a diverse range of _______________ products under a ...
- In each of the following questions, a statement is given with a single blank. Choose the most suitable option which fits the blank in the most meaningful a...
- Choose the appropriate word or phrase from the options given to fill in the blanks.
The manager was known for taking swift action whenever any issu... 1) similar
2) as
3) though
4) same
5) many
The bank's decision to _____ interest rates is likely to _____ consumer spending and stimulate economic growth.
The coming year may be better for growth but there are some_________ too.
(A) risks          (B) chances      �...
Add suitable question tags to the following statements from among the choices given below them.
 You’ll be coming early tomorrow, _______?
The …………. on culture and civilisation in the party’s foreign policy articulation is rather evident over the years, &he...
Fill in the blank with the most appropriate word from the given options.
The government was ……………… and failed to control the situatio...
Select the most appropriate collocating word to fill in the blank.
Ram was praised for his________ leadership.
