Question
A company enters into a contract to construct a
specialized asset over 4 years. At the end of Year 2, total costs incurred are ₹60 lakh, estimated total costs are ₹100 lakh, and total contract revenue is ₹130 lakh. Which amount should be recognized as revenue till Year 2 under AS 7?Solution
Revenue recognized = (Costs incurred / Total estimated costs) × Total contract revenue = (60/100) × 130 = ₹78 lakh.
The other name for VDU is
Linux is a type of …… software.Â
A _________ is a networking device that filters network traffic while connecting multiple computers or communicating devices.
______ is collection of web pages and ____ is the first page that we see when we open a website
In which of the following generation of computers were Integrated Circuits (ICs) first used?Â
Which of the memories has the shortest access time?
Android Operating system is an example of which kind of Source Model?
________ is/are universal gates
A Proxy server is used for which of the following?
A commonly used graphic format for the Web is________.
