Question
Under the Expected Credit Loss (ECL) model, how are
trade receivables without a significant financing component measured for impairment?Solution
For trade receivables without significant financing, Ind AS 109 requires a lifetime ECL measurement, not just 12-month.
Pipe ‘A’ can fill a tank in 60 hours whereas leak ‘A’ can empty it in 70 hours. If they both operate along with pipe ‘B’, then the given tan...
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There are 8 inlet and (x-4) outlet pipes attached to a tank. Each inlet pipe takes 24 hours to fill the tank, and each outlet pipe empties the fully fil...
There are four pipes A, B, C and D where A and B are used to fill the tank and C and D are used to empty the tank. Pipe A and C together can fill the ta...
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Two vessels 'A' and 'B' contains 480 litres, each of pure milk and pure water, respectively. 120 litres of milk is withdrawn from vessel 'A' and poured ...
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Tap ‘A’ and tap ‘B’ can fill a tank in 56 hours and 49 hours, respectively. If both taps are opened together, then find the time after which tap...
Inlet pipes 'A' and 'B' can fill a tank in 24 minutes and 40 minutes, respectively. Both the pipes are opened together to fill the tank. When the tank i...
- Tap 'A' can fill a tank 'X' in 36 minutes while it takes 54 minutes when there is a leakage tank 'Y'. If tap 'B' is 33(1/3)% less efficient than tap 'A', t...
