Question
Which among the following is outside the scope of AS-13?
Solution
As per AS 13, investments are assets held by an enterprise for: o  earning income by way of dividends, interests and rentals , or o  for capital appreciation , or o  for other benefits to the investing enterprise ·        Assets held as stock-in-trade are not ‘Investments’. ·        Investments in shares, debentures, bonds, etc. held for the purpose as referred to in above are considered as investments. ·        Similarly, investments in land or building that are not intended to be occupied substantially for use by, or in the operation of the investing enterprise, are covered under AS 13 as Investment Property .
Who among the following likes Brown?Â
Six laptops, M, N, O, P, Q and R, are placed in a row facing towards the north (not necessarily in the same order). M is placed to the immediate left o...
Statements:
All Shirts are Pants
All Pants are Sweaters
All Sweaters are Tie
Conclusions:
I. Some Tie are Pants
II. All Sweaters are Shirts
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Who among the following person sits opposite to I?
Who sits second to the right of W?