Question
An insurer faces a probable liability of ₹25 lakh from
a pending court case related to motor insurance. As per Ind-AS 37, how should the liability be recorded?Solution
Probable + estimable = provision recognised.
Statement:
Some Sparrow are Bird.
Few Bird are not Camel.
Only Parrot is Camel.
�...
Statements:
All Packages are Coupons.
Only a few Coupons are Validations.
No Validation is Cost.
Conclusions:
I. All ...
Statements:
Only a few Song are Music
Only Music are Composer
No Lyric are Music
Conclusions:Statement:
Some dog are tigers.
Only a few tigers are lions.
All lions are cat.
Conclusion:
I. Some dog being lion is...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
- In the question below, some statements are given followed by two conclusions I and II. You have to take the given statements to be true even if they seem t...
Statements:
Some dogs are cats.
No camel is a rat.
All cats are camels.
Conclusions:
I. All dogs may be camels.<...
Statements: Some windows are door.
Some door are watch.
Conclusions: I. Some windows a...
- 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 with...
Statements: Some printers are monitors.
All monitors are modems.
Some modems are keyboards.
Conclusions: I. Some keyboards are no...
