Question
Read each sentence to find out whether there is any
grammatical error in it. The error, if any, will be in one part of the sentence. Mark the part with the error as your answer. If there is no error, mark ‘No error’ as your answer (Ignore the errors of punctuation, if any). The government has announced (1) / a comprehensive plan to boost (2) / domestic manufacturing capabilities, (3) / despite of concerns raised by various experts. (4) / No Error (5)Solution
The correct phrase is "despite concerns" instead of "despite of concerns." "Despite" is not followed by "of."
A firm’s EBIT is ₹5,00,000, interest expense is ₹1,00,000. What is the Degree of Financial Leverage (DFL)?
"Window Dressing" in accounting refers to:
The difference between the total debits and total credits of an account is called:
The law of demand states that, other things being equal:
Prepaid Rent appearing in the Trial Balance is treated as:
Which accounting principle/concept states that revenue should be recognized when it is earned, regardless of when cash is received?
The "Matching Principle" requires that:
The primary objective of financial accounting is to:
Goodwill is a/an:
If an asset is purchased for ₹1,00,000 with a residual value of ₹10,000 and a life of 9 years, the annual depreciation under the Straight Line Metho...