Question
Which one of the following is a deferred tax
asset?Solution
Deferred tax asset arises from deductible temporary differences (taxable income lower now, higher later) or carryforwards.
Statements: A < B < C < P > Q
Conclusions: I. Q < B II. P > A
...In each group of questions below are two conclusions followed by five set of statements. You have to choose the correct set of statements that logicall...
Statements:
I. All pins are bins.
II. All bins are not papers.
Conclusions:
I. Some papers are pins.
II. All ...
Statements:
Some Dollars are Rupees
All Rupees are Euros
Only Pesos are Rubles
No Ruble is a Euro
Concl...
Statement: W < X; W ≥ Y > Z; T ≥ U > X
Conclusion:
I. Z ≥ X
II. U ≥ W
Statements: C ≤ O > I > M > F, O ≤ Q < U, M < J
Conclusions:
I. I < U
II. C > F
Statements: Only heater are blowers. Some geyser are cable. Only a few heater are geyser.
Conclusions: I. Some cable are heater. II. Some heater ...
Three statements are given followed by three conclusions I, II, and III. You have to consider these statements to be true, even if they seem at variance...
Read the given statement and conclusions carefully. Assuming that the information given in the statements is true, decide which of the given conclusions...
Statements: X > V ≥ A = I ≤ R > G = H ≤ Q
Conclusion
I: Q ≤ A
II: Q > A
