Question
1. Annihilate 2. Ruin
3. Sanction 4. Arrogance In each of the following questions four words are given, of which two words are most nearly the same or opposite in meaning. Find the two words which are most nearly the same or opposite in meaning and indicate the number of the correct letter combination.Solution
Annihilate means Abolish, ruin
If nothing is given in the financial statements about the three accounting assumptions, then it is to be treated as it.
A company purchases machinery for ₹10 lakhs and incurs ₹1 lakh on its installation. The accountant records the total ₹11 lakhs under the fixed ass...
If a financially stressed company raises funds through a preferential issue of shares (under SEBI relaxations), what will be the impact on its Debt/Equi...
A company chooses not to record a small calculator worth ₹500 as a fixed asset. Which concept is being applied?
A firm sells Product A (₹50/unit, VC ₹30/unit) and Product B (₹100/unit, VC ₹60/unit) in ratio 2:3. Fixed costs = ₹4 lakh. Calculate BEP sales...
Which of the following banking transactions involves the lending of money to individuals or businesses in exchange for interest payments and the promise...
Which form is used for preparing the Profit and Loss Account of an insurance company carrying out life insurance business under the IRDA Regulations, 2002?
Shortage in material can be due to normal reasons or due to abnormal reasons.
Which of the following will be regarded as shortage due to abnormal reason?
In respect of income from house property, the collection charges are allowed up to a maximum of:
This kind of audit is conducted generally between two annual audit ______.
