Question
Valuing closing stock at cost or market value,
whichever is lower, is in accordance with which accounting concept?Solution
The correct answer is C
Average 20 numbers is ‘x’. If the average of first 12 numbers is 65.5 while average of last 5 numbers is 72.4 and 13th, 14th a...
A triangle has all three sides of length 18 cm. Determine the circumradius of this triangle.
Which one of the following equations correctly expresses the relationship between assets (A), liabilities (L), revenues (R), expenses (E) and capital (C)?
Consider the following statements in regards to wind energy:
1. The Ministry of New and Renewable Energy celebrated Global Wind Day in New Del...
Which state or union territory received the GI tag for Basholi painting?
Twinkling of stars is related to the phenomenon of __________.
Which of the following is an example of a cash outflow from operating activities?
Ajay invested Rs.a in SI at 8% rate of interest per annum for 10 years. Vishal invested the same amount in SI at 5% rate of interest per annum for 6 yea...
The unitarist perspective assumes that:
Sugar worth ₹55 per kilogram and ₹60 per kilogram are mixed with a third variety in the ratio 4 : 3 : 5. If the mixture is worth ₹65 per kilogram,...
