Question
A company faces a lawsuit for patent infringement. Legal
advisors state a 55% probability of losing with damages of ₹50 crore, but range could be ₹40–₹70 crore. Settlement discussions ongoing. How should the company account at year-end?Solution
Ind AS 37: provision required if obligation probable (>50%). Best estimate = most likely outcome; if no single most likely, use midpoint of range. Hence provision, not just disclosure.
Which of the following keys is not on the number keypads?
Which of the following button on the Quick Access Toolbar allows you to cancel your recent commands or activities?
Vacuum Tubes were used in which generation of Computers?
Which type of multitasking is characterized by the operating system slicing CPU time and dedicating a time slot to each program?
__________ is a function inside another function.
The number of pixels displayed on a screen is known as
A set of keywords, symbols and a system of rules for constructing statements by which human can communicate the instructions to be executed by a compute...
Which layer of the OSI model provides the interface between the user and the network?
Which command in Windows operating systems is used to display the IP configuration of a device?
__________ is copying a process from memory to disk to allow space for other processes.
