Question
In each of the questions below four words are
highlighted in the sentences. One of these four words printed in bold may be either wrongly spelt or inappropriate in the context of the sentence. Find out the word which is wrongly spelt or inappropriate, if any. If all the words printed in bold are correctly spelt and also appropriate in the context of the sentence, mark option ‘All are correct’ as your answer. The committee felt that the proposed changes were too drastic and might adversly affect the organization’s growth.Solution
Misspelled. The correct spelling is adversely (it must include the ‘e’ before ‘ly’).
With respect to Marginal Costing, which of the following statement is incorrect?
In a Life Insurance company, Premium earned during the year is ₹50 crore, Claims incurred ₹20 crore, Commission ₹5 crore, Operating Expenses ₹4 ...
Claims paid during year = ₹150 crore; Outstanding claims at year-end = ₹20 crore; Outstanding at beginning = ₹15 crore. Calculate claims incurred.
As per the Companies Act, 2013, the financial statements of a company include:
A trader has current assets of ₹6,00,000, including ₹80,000 cash, ₹1,20,000 accounts receivable, ₹3,00,000 inventory, and ₹1,00,000 marketable...
Who is responsible for ensuring compliance with the obligations imposed under Chapter IV of the PML Act and for reporting to the Financial Intelligence ...
Which of the following cost are not excluded from the cost of inventories as per AS 2:Â
Section 54(b) of the Income Tax Act, 1961 refers to:
A agrees to sell his horse to B if it wins the race tomorrow. The horse dies during the race. What is the nature of the contract?
Which of the following incomes is not chargeable under the head "Income from Business or Profession"?
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