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.
Read the sentence to find out whether there is any grammatical or idiomatic error in it. The error, if any, will be in one part of the sentence. The nu...
Identify the segment in the sentence, which contains the grammatical error.
My father did never have an opportunity to go to a University.
Beside furnishing their identity cards (1)/ passengers will mandatorily(2)/ have to provide his mobile numbers(3)/ to falecitate cross-verification(4)/ ...
Maps will be submitted by the State rural works department after the funds for the construction of roads will be released.Â
Both Google and Facebook, as the largest platforms for content distribution, are said to be creating systems that will filter fake news .Â
...- Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. Mark the part with the...
1. Much people who ride the free, app-based shuttle known as the Downtowner are getting a shock this month when their driver pulls up.Â
2. Citiz...
Their idea of a fun Saturday afternoon (A)/is to go paintballing and (B)/take up covered in golfball-sized red weals (C)/from being shot at close range...
As they climb(A)/ higher, the air(B)/ became cooler.(C)/ No error(D)
- Read the sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. Mark the part with the ...
