Question
Solution
The word ‘garner’ means ‘to collect something, usually after much work or with difficulty’. The word ‘assemble’ is a synonym.
As per Companies Act, 2013, out of which of the following reserves can a company declare dividend?
As per Schedule III of the Companies Act, 2013, long term provisions are shown –
Foreign branch operates as an integral operation. How are its monetary items translated in parent’s books at reporting date?
Which of the following directors is NOT appointed by the Board of Directors?
ABC Ltd. wants to conduct a vertical analysis of its income statement. To standardise its financial data, each line item should be presented as a propor...
Company signs a ₹12 crore contract to deliver a software + annual maintenance for 3 years. Software is delivered in year 1 (₹8 Cr value), rest alloc...
Calculate sales to earn a profit of Rs. 150,000, if fixed cost = Rs. 3,00,000 and P/V ratio is 20%:
In which section of Income Tax Act the term ‘Assessment’ is defined?
While computing exemption in respect of gratuity received by a non-Government employee covered by the Payment of Gratuity Act, one of the items to be co...
Under the Indian Contract Act, the suggestion as a fact of that which is not true by one who does not believe it to be true and the active concealment o...