Question
What term is used to describe water that is safe and
palatable for human consumption?Solution
Potable water is water that is safe to drink or to use for food preparation, without risk of health problems. It is typically free from contaminants and pollutants, meeting established safety standards. Potable water is crucial for daily life and health.
Ramnaresh & traders initiated their business on 1st April 2007 with ₹ 12,000 by 6000 units at the rate of ₹ 2 per unit. During the year he sold thes...
Under Priority Sector Lending (PSL) guidelines, which category of banks is permitted a specific exemption to allocate up to 32% of their PSL target towa...
The amount of purchase ifÂ
Cost of Goods Sold = ₹80,700
Opening Inventory = ₹5,800
Closing Inventory = ₹6,000
How much deduction under section 80TTA of Income Tax Act is allowed?
An increase in the inventory holding period, all else being equal, will:
An auditor resigns from a listed company. Within how many days must they file Form ADT-3?
Which of the following cost are not excluded from the cost of inventories as per AS 2:
Calculate margin of safety from the following information.
Output = 160000 units
Fixed overheads = Rs. 8,00,000
Variable overhead =...
If a company uses LIFO inventory method in falling price environment (prices decreasing), then:
A firm prepares a flexible budget formula based on activity: Sales = ₹20/unit, variable cost = ₹12/unit, fixed cost = ₹1,20,000. If actual product...
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