Question
An Indian exporter receives a payment of USD 50,000 when
the exchange rate is ₹83/USD. At the year-end, the rate drops to ₹80/USD and the amount is still held in the foreign currency account. How is this treated under Ind AS 21?Solution
The drop in value results in an unrealised exchange loss, which must be recorded as per Ind AS 21.
Fact constellation schema is best described as:
In a star schema, what is the primary characteristic of the fact table?
What is meant by 'cardinality' in data modeling?
Which of the following best describes the primary function of a database index?
What is the result of SELECT COALESCE(NULL, NULL, 5, 10);?
Which process ensures data in a data warehouse is consistent and clean?
Which of the following commands is part of the Transaction Control Language (TCL) in SQL?
Which of the following is NOT a common OLAP operation?
Which schema in data warehousing uses a central fact table connected to dimension tables?
Which SQL clause is used to filter records after aggregation?
