Question
What is a potential drawback of relying solely on
intuition when identifying possible solutions?Solution
Explanation: Relying solely on intuition may lack objective analysis in identifying possible solutions.
__________ guides how to account for taxes on income.
According to The Companies Act, 2013 ‘Government Company’ means any company in which not less than ________ of the paid-up share capital is held by ...
If nothing is given in the financial statements about the three accounting assumptions, then it is to be treated as it. Â
Which of the following is a real (or permanent) account?
A company purchases machinery for ₹10 lakhs and incurs ₹1 lakh on its installation. The accountant records the total ₹11 lakhs under the fixed ass...
X Ltd. is merged with Y Ltd. under the pooling of interest method. The reserves and surplus of X Ltd. amount to ₹10 lakhs. How will this be treated in...
A company has the following inventory data for a product:
• Opening Stock: 500 units @ ₹50
• Purchases: 1,000 units @ ₹55
�...
ABC Ltd., a manufacturing company, undertook a series of transactions during the financial year 2024–25. It purchased a new plant worth ₹1,000 lakh ...
The Hawthorne experiments were conducted byÂ
The relationship between the operating income and earnings per share is known as
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