Question
The following sentences contains a blank. Choose the most
appropriate word or phrase from the given options to complete the sentence grammatically and contextually. The company is counting ______ a major investor to save it from bankruptcy.Solution
The correct phrasal verb is "count on", which means to rely on or depend upon someone or something. The company is depending on a major investor — hence, "on" is correct.
Parent Co. acquires 80% of Subsidiary Co. for ₹16,00,000 when Subsidiary’s net assets are ₹15,00,000. At acquisition, the fair value of minority i...
The objective of ______ is to prescribe principles for determination and presentation of earnings per share which will improve comparison of performance...
In an organization, the actual sales were ₹10 lakh while the budgeted sales were ₹12 lakh. The cost was ₹6 lakh vs budgeted cost of ₹7 lakh. Wha...
In which section of Income Tax Act the term ‘Assessment’ is defined?
The Central Government shall with ÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂ__________________from the receipt of the application allot a Director Identification...
According to SA 315, which of the following is part of understanding the entity and its environment?
Which of the following is not true about capital reserves?
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?
In process costing, the cost of normal loss is:
A company invests in listed equity shares held for trading purposes. As per Ind AS 109, how should these be measured?
