Question
Which section of the Companies Act 2013 deals with
Independent Directors?Solution
The provisions relating to the appointment of Independent directors are contained in Section 149 of the Companies Act, 2013 should be read along with Rule 4 and Rule 5 of the Companies (Appointment and Qualification of Directors) Rules, 2014
A manufacturing firm includes administrative overheads and interest costs in inventory valuation during a slowdown. Which accounting principle is violated?
The basic accounting equation, Assets = Liabilities + Capital, is the foundation of which principle?
Within how many days should payment to an MSME supplier be made to allow it as an expense, for the computation of income under Income Tax Act?
Which of the following items does NOT appear under 'Current Assets' in a Balance Sheet?Â
Which of the following statements about credit risk is incorrect?
Sunita accepted a 90 days bill of Rs. 20,000/- drawn by Vinita on 05.02.2017. On 13.03.2017 Sunita wished to retire the bill. Vinita offered rebate @ 1...
From the below Ind AS 2 is not applicable in which of the following cases?
Which of the following statements is FALSE?
____________ = (sales value – variable cost)/ Sales value
Which of the following best describes the interest on government bonds?
