Question
If two alternative proposals are such that the
acceptance of one shall exclude the possibility of the acceptance of another then such decision making will lead to:Solution
When two or more alternative proposals are such that the acceptance of one proposal automatically rules out the possibility of accepting another proposal, then such decisions are known as mutually exclusive decisions. In other words, these proposals are competing with each other and only one can be accepted. For example, if a company is considering investing in either Project A or Project B, and it can only choose one project, then the decision is mutually exclusive.
_______ refers to the information collected by an auditor to ascertain the accuracy and compliance of a company's financial statements.
Life Insurance Contact is a contact of:
The due date for depositing the TDS deducted in the month of March is:
As per Schedule III of Companies Act, which of the following is not shown under ‘Other Current Liabilities’?
Which of the following directors is NOT appointed by the Board of Directors?
Salary or wages under bonus act includes:
According to SA 315, which of the following is part of understanding the entity and its environment?
Which of the following is NOT a responsibility of the Audit Committee?
When profits as per cost accounts differ from financial accounts, the difference may be due to:
Annual Return is to be filed by every company within ________ days of its Annual general meeting.
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