Question
According to the prudence concept, which of the
following should be provided for in the books of accounts?Solution
The prudence concept (or conservatism) dictates that all anticipated losses and contingencies should be provided for (e.g., provision for doubtful debts), but anticipated profits should not be recorded until realized.
In a race, Gary ran faster than Jai. Neil ran faster than Jai. Sam ran slower than Gary. Who came first in the race?
If 5 May 2000 is a Friday, then what will be the day of the week on 12 August 2010?Â
Three of the following four figures are alike in a certain way and one is different. Select the odd one.
Which of the following numbers will replace the question mark (?) in the given series ?
6, 16, 36, 76, ? , 316
Change the question mark with the option that follows the applied logic in the first pair.
Tea : Drink :: Vegetable: ??
Three statements are followed by four conclusions numbered I, II, III and IV. You have to consider these statements to be true, even if they seem at va...
Select the set in which the numbers are related in the same way as are the numbers of the following sets.
(NOTE : Operations should be performed ...
If 'L' means '×', 'M' means '-', 'N' means '+', and 'O' means '÷', then what will be the value of the following expression?
6 L 25 M 15 N 45 ...
Study the given pattern carefully and select the number from among the given options that can replace the question mark (?).
Six friends are sitting in a circle. All of them are facing the centre. Kanak sits third to the right of Sona. Kapil is an immediate neighbour of Mani. ...
