Which of the following is least likely a condition necessary for revenue recognition?
The actual collection of cash is not required for revenue recognition. Goods should be sold, delivered and there should be an expectation to receive the payments.
Statement:
Some pipes are tanks.
All tanks are lids.
All lids are covers.
Conclusion:
I. Some covers are lids.
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
Statements:
Only Onion are Carrot
No Onion are Radish
No Radish is Coriander
Conclusions:
I. Some Coriander are Carro...
Statements:
Only a few fan are lamp
No fan is chair
Only a few chair are lamp
Conclusions:
I. All chair can be ...
Statements :
Every Clock is Time
Every Clock is Second
A few Minute are Second
No Needle is Time
Conclusions :
...Statements:
No number is a symbol.
No symbol is a letter.
No letter is a draft.
Conclusions:
I. No number is dr...
Statements :
Only a few Toy is Game.
All Games are Players.
No Player is Sport.
Conclusion :
I. At least some Pla...
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...
What is the shortest distance between S and U?
Statement:
Atmost some cycle are scooter.
Only a few bike are cycle.
Some bike are scooter.
No bike are car.
Con...
