Question
Claim payments net of subrogation recoveries are
material. The entity reports claim cash flows on a gross basis. Can subrogation recoveries be offset in the operating section?Solution
Net presentation permitted where cash receipts/payments reflect the same transaction and legal right to set off exists.
Eight people M, N, P, S, T, V, X and Y are sitting in a straight row and all are facing north. M sits second from one of the extreme ends of the row. On...
Mr. Agarwal is working with a property agent to find a location for the toy store he plans to open in his town. He is looking for a place that is either...
In a certain code language, '22 55 77' is coded as 'ir pp tt' and '77 66 44' is coded as 'pp kk ll' and '66 11 22' is coded as 'kk tt zz". How is "11" c...
Marathon is to Race as hibernation is to:
Read the given statements and conclusions carefully. Decide which of the given conclusions is/are true based on the statements
Statements:
...What should come in place of the question mark (?) in the given series?
8, 21, 34, 47, 60, ?
Select the option that is related to the third number in the same way as the second number is related to the first number and the sixth number is relate...
‘A and B’ means ‘A is the father of B’
‘A # B’ means ‘A is the son of B’
‘A ^ B’ means ‘A is the brother of B’s fa...
Select the number that can replace the question mark (?) in the following series.
43, 31, 74, 105, 179, ?
Three Statements are given followed by two conclusions numbered I and II. Assuming the statements to be true, decide which of the conclusions logically ...
