Question
XYZ Ltd. changed the format of its Statement of Profit
and Loss from ‘nature of expense’ method to ‘function of expense’ method in accordance with Ind AS. The change was made to provide better clarity for management decisions. Which of the following would now be more visible?Solution
Under the ‘function of expense’ method, expenses are grouped by purpose (e.g., cost of sales, administrative expenses), helping identify departmental profitability and COGS separately.
As our boat’s oars slash through the waters, a ________ of black-tailed godwit birds passes above.
Select the most appropriate option to fill in the blank.
Generally people use ______ oils for their cooking.
Their work will __________, but they ought to try to improve it.
Stop wasting time and _______; just tell me what you want.
I. The uncertainty induced by the pandemic, coupled with reduced or lost incomes, ___________ to depress demand and is mirrored in consumer spending sti...
He is the ____________ of my two brothers.
The manager’s sudden decision to resign has left everyone in the office feeling ______.
Fill in the blank by choosing he correct form of the Verb.
By the time I met him, he __________ reading the voluminous novel.
I did not say anything, but ________ the packing.
The Director of Public Instruction announced that all Government schools and colleges in the city would remain ……….. in view &helli...
