Question
While hiking the mountains of Nepal, a British Hiker
irked a tea seller by bargaining for what she thought was steeply priced tea. At 150 Nepalese Rupees, steep the tea may be but it doesn’t discount the hardships the seller endured to make it available for the tourist. In turn, the tea seller grabbed a piece of wood from her backyard and chased the tourist, all the while screaming how presumably rich the tourist was and how she feels exploited because of the bargain. __________________ From the given options, choose the one that completes the paragraph in the most appropriate way.Solution
The correct answer is D
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?
U/s 208, it is obligatory for an assessee to pay advance tax where the tax payable is
GAAP stands for:
Which of the following is a key principle of the "Canon of financial propriety"?
The format of the Financial Statement of a company is prescribed in:
A company manufactures goods with normal loss of 5%. In one batch, due to worker negligence, loss rose to 12%. At what level should inventory be valued?
The Miller-Orr Model is used to manage:
____________ = (sales value – variable cost)/ Sales value
If the Opening Debtors were Rs.50,000 and Closing debtors are Rs.40,000, what effect will it have on the cash flow statement?