Question
Which of the following is NOT a characteristic of a
zero-coupon bond?Solution
A zero-coupon bond does not pay any coupons during the term of the bond. It is issued at a discount to the face value and redeemed at face value, with the effective interest earned being the difference between these two values.
Depreciation is generally provided on:
Salaries of ₹1 lakh paid in April 2024 relate to March 2024. As per matching concept, when should this expense be recorded?
Under IFRS 13, which level of the fair value hierarchy uses observable inputs other than quoted prices?
A company incurs heavy advertising expenditure of ₹2 crore in launching a new product. It wishes to defer the expense over 4 years. As per accounting ...
How much deduction under section 80TTA of Income Tax Act is allowed?
According to Payment of Bonus Act 1965, what is the minimum bonus in case of an adult payable?
Which of the following best describes “Drawing Power (DP)” in the context of a Cash Credit facility given by a bank?
...................... is the creation of email messages with a forged sender address - something which is simple to do because the core protocols do no...
A company with higher current assets than current liabilities is said to have:
If an employee does not make an intimation to their employer about their selection regarding the tax regime, the employer will: