Question
Parts of the following sentence have been given as
options. Select the option that contains an error. This is the book whom I wanted to buy.Solution
The error in the original sentence is the use of "whom" when it should be "I" because "I" is the subject of the sentence, and "who" or "whom" should not be used in this context.
Which of the following is not a taxable income under the head “Income from Other Sources”?
In case of amalgamation in the nature of purchase, the excess of purchase consideration over the net assets is debited to:
Consideration is ₹1.90 crore fixed plus a ₹20 lakh performance bonus if go-live is achieved in 4 months (historically achieved only 40% of the time)...
Byron Ltd reported 32000 in earnings during the current financial year. The total shares outstanding are 40000 at a market price of 18 per share. What i...
A firm has current assets of ₹8 lakh and current liabilities of ₹5 lakh. If it collects ₹1 lakh from debtors and uses it to pay creditors, what ha...
Time of supply means
A director is appointed in _______
A company receives advance from customer for contract work. On balance sheet, this advance is:
As per RBI guidelines, a “wilful defaulter” refers to a borrower or guarantor who has committed wilful default, provided the outstanding amount is a...
The objective of ______ is to prescribe the accounting treatment for intangible assets that are not dealt with specifically in another Accounting Standard.