Question
In each of the following questions, two columns are
given containing three sentences/ phrases each. A sentence or phrase from the first column may or may not connect with another sentence/ phrase from the second column to make a grammatically and contextually correct sentence. Each question has five options, four of which display the sequence (s) in which the sentences/ phrases can be joined to form a grammatically and contextually correct sentence. If none of the options given forms a correct sentence after combination, mark (E), ie, ‘None of these’ as your answer.Solution
Sentence A- None of the statements fit grammatically with A. Sentence B- D and E does not connect with B, but F does, grammatically and contextually Sentence C- F is grammatically incorrect when combined with C and D is contextually wrong, as a report could not expect a double-digit expansion. E follows C grammatically and contextually.
A company follows FIFO method of inventory valuation every year. Which accounting principle is being followed?
_______ Ratio is the indicator of firm’s financial leverage.
A company takes office space on a 5-year lease. As per Ind AS 116, what should be recognized in books at commencement?
Section 115JAA allows which of the following?
Which of the following cost are not excluded from the cost of inventories as per AS 2:
Preliminary expenses are the best example for _________.
A repair parts inventory for claim servicing includes slow-moving items. NRV has fallen for some SKUs, while others have long lead times. Can management...
Journal entry is not made for which of the following?
As per the Companies Act, 2013, CSR provisions are applicable if the company meets which of the following thresholds in any financial year?
Which inventory costing formula calculates value of closing inventory considering that inventory most recently purchased has not been sold?
