Question
During the audit of ABC Ltd., the auditor identifies
that a major debtor who owed ₹2 crore has declared bankruptcy post year-end but before signing of the audit report. What should the auditor do?Solution
This is an “adjusting event” under AS-4 (or Ind AS 10), as the condition existed at the balance sheet date and needs to be reflected in the financials.
Which of the following types of networks is most suitable for securely connecting geographically distant branches of a multinational company, while ensu...
The term "FAT" is stands for_____
- What is the role of Artificial Intelligence (AI) in modern business applications?
Which of the following HTTP methods is idempotent and used to completely replace a resource on the server?
In the context of Cross-Site Scripting (XSS), what is the primary reason why stored XSS is considered more dangerous than reflected XSS?
In an operating system, which of the following scheduling algorithms minimizes the average waiting time for all processes?
Which of the following query will return the third-highest salary from an Employee table in SQL?
Consider the following Java code that implements encapsulation:
class BankAccount {
private double balance;
public Bank...
State True/False
With a data mart, teams can access data and gain insights faster, because they don’t have to spend time searching within a ...
Purpose of Scope resolution operator
