Question
When requested by a student, family members were
_____________ of the difficulties faced by the student. Fill in the blanks with appropriate words from the options.Solution
The word ‘apprise’ means ‘to tell or inform someone about something’. This is the correct word to be used here. Appraise- to examine someone or something in order to judge their qualities, success, or needs. Approved and sanctioned also have similar meaning to that of ‘appraise’. They are inappropriate. When requested by a student, family members were apprised of the difficulties faced by the student.
With respect to AS 13 relating to Accounting for Investments, which of the following statement is incorrect?
Which of the following expenditure should NOT be recognized as intangible asset as per AS 26?
An interface that communicates with other tiers in a three-tier architecture structure is known as ________.
"Anticipate no profit and provide for all possible losses". It is based on the convention of:
The effective interest method is used to:
ABC Ltd. reports two inventory items: Item A – Cost ₹10 lakh, NRV ₹12 lakh; Item B – Cost ₹8 lakh, NRV ₹6 lakh. How should inventory be valu...
Which of the following is a key principle of the "Canon of financial propriety"?
For demand drafts, pay orders, or banker’s cheques of ₹50,000 and above, which requirement must be fulfilled as per banking guidelines?
A company has current liabilities of ₹5 lakh and current assets of ₹6 lakh. Inventory is ₹2 lakh. What is the quick ratio?
A budget that outlines the planned expenditures for major capital assets like machinery and buildings is the:
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