Question
After his promotion, John was _______ with
excitement. Select the most appropriate idiom to fill in the blank.Solution
The idiom "over the moon" means to be extremely happy or excited. This idiom best fits the context of John being thrilled after his promotion. In hot water : This idiom means to be in trouble or facing difficulties, often as a result of one's own actions. It’s used when someone is in a problematic situation that requires resolution. Through thick and thin : This idiom means to support someone or something in good times and bad times, regardless of the difficulties. It conveys loyalty and steadfastness. Barking up the wrong tree : This idiom means to pursue a mistaken or misguided course of action or to make a false assumption about something. It’s used when someone is focusing their efforts or attention on the wrong issue.
A firm budgeted sales of ₹120 lakh but achieved actual sales of ₹100 lakh. Variable cost was budgeted at 60% of sales, and actual cost was 62% of ac...
The process of recording business transactions in a chronological order is called:
Which of the following is not a type of cash book?
The standard time for a task is 4 hours per unit at a wage rate of ₹60 per hour. In a period, 500 units were produced in 1,900 hours, and the actual w...
Under Ind AS 116, a company leases an asset for 5 years. On transition, it recognizes a right-of-use asset and corresponding lease liability. However, t...
In an organization, profit after interest, tax, and dividend on preference shares is 4,00,000. The number of equity shares is 40,000 and the dividend pa...
A claims processing unit uses a mix of clerks and analysts. Budget: 60% clerks (₹200/hr), 40% analysts (₹500/hr) for 10,000 hours. Actual: 55% clerk...
Time of supply means
Company A sold machinery having a WDV of ₹ 40 lakh to Company B for ₹ 50 lakh (FV ₹ 50 lakh) and the same machinery was leased back by Company B T...
A person can hold directorship in ______ companies simultaneously.