Question
Which of the following does not qualify as a cash
equivalent under AS 3?Solution
cash equivalents are defined as: “Short-term, highly liquid investments that are readily convertible into known amounts of cash and which are subject to an insignificant risk of changes in value.”  “Bank overdrafts are generally considered a part of financing activities, unless they are repayable on demand and are an integral part of an enterprise’s cash management — in which case, they can be included in cash and cash equivalents.”
Given below are four sentences in jumbled order. Pick the option that gives their correct order.
A. Ultimately, cotton was exported to Britain as...
In the questions given below, a sentence has been broken down into four fragments labelled (A), (B), (C), and (D) and arranged, not necessarily in the ...
Which of the following would be the THIRD statement after rearrangement?
Which of the following represents the sentence that immediately precedes A?
Which of the following would be the FIFTH statement after rearrangement?
Sentences of a paragraph are given below in jumbled order. Arrange the sentences in the correct order to form a meaningful and coherent paragraph.
<...In the questions given below, a sentence has been broken down into four fragments labelled (A), (B), (C) and (D) and arranged, not necessarily in the c...
Officials
P: to negotiate a solution
Q: readiness
R: have signaled India’s
In each of the questions, a sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark it as your an...
Which sentence should be come third in the paragraph?