Which of the following statement is incorrect with respect to provisions?
Ind AS 37 defines a provision as a liability of uncertain timing and amount and prescribes conditions that have to be satisfied for recognition of a provision. A provision shall be recognised when: · an entity has a present obligation (legal or constructive) that is a result of a past event; · it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation; and · a reliable estimate can be made of the amount of the obligation. A contingent liability is contingent upon happening/non happening of an event. An entity shall not recognise a contingent liability.
Choose the option in which the given sentence has been changed into passive voice
I wrote this book
Select the correct active form of the given sentence.
I was greatly impressed by the Madhubani painting Avika made.
Select the correct active form of the given sentence.
Many Indians have been brought back from foreign countries by the government.
Sentence has been given in Active Voice. Out of the four alternatives suggested select the one which best expresses the same sentence in Passive Voice....
Select the correct Active/Passive form of the given sentence-
All of them know the results of the JHT Exam.
She sew a bag from an old bedsheet.
Select the correct active form of the given sentence.
He will surely be elected by the people in the next elections.
Select the correct passive form of the given sentence.
The prisoners have made these paintings.
The dormitories were being cleaned by some girls.
Children laughed at the clown.
