Question
Which of the following financial reports are considered
to be of the lowest quality? Financial reports that reflect:Solution
Financial reports that depart from generally accepted accounting principles are considered to be of lower quality than those that reflect biased accounting choices. Financial reports that reflect unstable earnings or losses may be of higher quality. Profit or loss does not have any relationship with reporting quality.
In the questions given below, there are three statements followed by two conclusions I and II. You have to take the three given statements to be true e...
Statements:
Only Lift are Stair.
All Ladder are Lift.
No Lift is a Step.
Conclusions:
I. Some Ladder being Stair is n...
In the question below are given some statements followed by some conclusions. You have to take the given statements to be true even if they seem to be ...
Statement:
All Mathematics are Economics
Only a few Mathematics are Chemistry
No Chemistry is Physics
Conclusion:
I. ...
Statements:
All jokers are clowns.
All clowns are masters.
Conclusions:Â Â Â Â Â Â
I. All jokers are masters.
...In the question below there are four statements followed by three conclusions I, II and III. You have to take the four given statements to be true eve...
Statements:
All tigers are phones.
Some phones are guns.
Some guns are watches.
Conclusions:
I. Some guns are p...
Statements:
All Wrappers are Wafers.
Only a few Wafers are Celebrations.
No Celebration is Party.
Conclusions:
I. All...
Statements: Only wires are switches.
No wire is a board.
Only nuts are boards.
Statements:
Some Branches are not Outlets.
Only a few Outlets are Stores.
All Stores are Camps.
Only a few Camps are Godown...