Question
Which of the phrases A, B, C and D given below each
sentence should replace the word/phrase printed in bold in the sentence to make it grammatically correct. If the sentence is correct as it is given and no correction is required, mark E as the answer. The company's annual report highlights the progress they made over the past year and the objectives for the coming year.Solution
In this context, since we are referring to a singular entity (the company), the correct pronoun to use is "it" instead of "they."
As per the Companies Act, 2013, which of the following companies must appoint a full-time Company Secretary?
State which statement is incorrect:
Following information has been provided by a contractor for the year ending 31-3-2020.
(a) Total expenditure till 31-3-2020 is Rs. 5,000.
...
Under the Written Down Value (WDV) method of depreciation, the WDV of an asset is always:
Section ______ of the Income Tax Act, 1961, defines the term ‘Assessment Year’.
Determine a firm's total assets turnover, if its net profits margin is 8%, total assets are 8,00,000 and the return on investment is 14%
In the context of international financial regulation, the Financial Action Task Force (FATF) is primarily responsible for:
ABC Ltd. reports a net profit after tax of ₹6,00,000 for FY 2024–25. Depreciation expense is ₹1,20,000. Accounts receivable increased by ₹80,000...
Depreciation is appearing in the 'Trial Balance' of a firm. At the time of preparing 'Annual Accounts', it should be shown in:
A deferred revenue expenditure is one which:
