Question
……. Represent the units of currency held and assets
and liabilities to be received or paid in a fixed or determinable number of units of currency.Solution
Monetary items - units of currency held and assets and liabilities to be received or paid in a fixed or determinable number of units of currency. a.      The essential feature of a monetary item is a right to receive (or an obligation to deliver) a fixed or determinable number of units of currency. Examples include:   i.     pensions and other employee benefits to be paid in cash;   ii.     provisions that are to be settled in cash; and cash dividends that are recognised as a liability
Statements: All jugs are mugs.
Some mugs are glasses.
All glasses are bowls.
Conclusions: I. Atleast some bowl are glasses.
<...Statement:
Only a few Refugees are Soldiers.
Some Colonels are Soldiers.
Some Soldiers are Politicians.
No Colonel is an Off...
In the question below two statements are given fol lowed by three conclusions I and I I. You have to take the given statements to be true even if they ...
Statements:
Some Lantern are Light.
Only a few Light are Lamp.
Some Lamp are Torch.
Conclusions:
I. Some T...
Statements-:
All Child are Students
No Student is Teacher
Only Staff are Teacher
Conclusions-:
I. Some Childs are Teacher
II. Some Staff are child.
In the question three statements are given, followed by three conclusions, I, II and III. You have to consider the statements to be true even if it see...
Statements:
Only a few triangle is circle
All circles are squares
Only a few square is rectangle
Conclusions:
I. Most...
Statements:
Only Doctor are Pilots
Some Doctor are not Lawyer
100% Lawyer are Teacher
Conclusions:
I. Some Lawyer are...
Statements:
Only a few organisations are employees.
All employees are employer.
Some employer are supervisors.
Only a few ...
In the questions given below there are three statements followed by three conclusions I, II, and III. You have to take the three given statements to be...