Question
The excess of the carrying amount of an asset over its
recoverable amount is known as ________ and is recognised as ________.Solution
Impairment occurs when the recoverable amount is less than the carrying amount. The difference is recognized as an impairment loss. It is recognized as an expense in Profit & Loss Account immediately. After recognition, revised carrying amount = Recoverable Amount.
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
Statements:
Some pole are rope.
Some rope are tyre.
Only tyre is wheel.
Some engine are tyre.
Conclusions:
I. ...
Statement : Â Â Â Â Â Â
Some plugs are tablets.                           Â
No tablet is a door.   �...
Statements-:
All Child are Students
No Student is Teacher
Only Staff are Teacher
Conclusions-:
I. Some Childs are Teacher
II. Some Staff are child.
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Conclusions:
I. No Lid being Utensil is a possibility.
II. Some Spoons are not Plates.
III. Some Spoons are Cups.
Statements:
In the question below some statements are given followed by three conclusions I, II and III. You have to take the given statements to be true even if t...
Statements:a.Some dogs are not rats
b. Some rats are lions
Conclusions:I. Some dogs are not lions
II. Some lions are not dogs
In each question below are given two statements followed by two conclusions numbered I and II. You have to take the two given statements to be true eve...
In the question below consists of three statements followed by five conclusions. Assume the given statements to be true even if they seem to be at vari...
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