Question
The Annual Financial Statement presented to the
Parliament shows Receipts and Payments for which of the following account/s of Union Government? 1.      Consolidated Fund of India 2.      Public Accounts of India 3.      Contingency Fund of IndiaSolution
The Annual Financial Statement shows the receipts and payments of government under the three parts in which government accounts are kept: (i) Consolidated Fund, (ii) Contingency Fund and (iii) Public Account.
An insurer faces a probable liability of ₹25 lakh from a pending court case related to motor insurance. As per Ind-AS 37, how should the liability be ...
The fundamental accounting equation, Assets = Liabilities + Equity, can be alternatively expressed as:
Which of the following categories of inventory are generally reported by companies in their financial statements?
Which of the following is the correct full form of REIT?
After providing for ___________, Declaration of Dividends for the current year is made.
If a company uses LIFO inventory method in falling price environment (prices decreasing), then:
Under Ind AS 2, when net realisable value (NRV) of inventory falls below cost, accounting treatment is:
Which of the following is not an accounting equation?
As per revised RBI guidelines, what is the maximum annual household income for borrowers eligible under microfinance loans?
Which act primarily governs the field of general insurance in India?
