Question
Present liability of uncertain amount, which can be
measured reliably by using a substantial degree of estimation is termed as ?Solution
A provision is a present liability of uncertain amount, which can be measured reliably by using a substantial degree of estimation. It is recognized as a liability in the balance sheet and is charged as an expense to the income statement. Provisions are created to cover future expenses that are probable but not yet certain.
Statements :Some files are folders.
Some folders are envelopes.
Some envelopes are letters.
Conclusions :I. Some letters are folder...
Statements-:
All pens are books.
All books are Laptop.
Some Laptop are Sticks.
Conclusions :-
I. Some Sticks are b...
Statements:
Some medals are sports.
All the sports are games.
Conclusions:
I. Some medals are games.
II. No sport is medal
Statements:
Some wire are cable.
Some cable are hub.
Only hub is switch.
Some board are hub.
Conclusions:
I. N...
Statements:
Some Venice are Godot.
Some Milan are Godot.
Some Italy are Milan.
Conclusions:
I. Some Venice are defini...
Statements:
No cabin is a room.
All rooms are houses.
No house is a flat.
Some flats are apartments.
Concl...
Statements: All cloves are cardamoms.
All cardamoms are cumins.
Some cumins are corianders.
S...
Statements:
All shoes are shirts
Only a few shirts are watches
Some watches are not mobile
Only a few mobile are copy
...Statements:
Some mats are bedsheets.
All bedsheets are chairs.
Some chairs are desks.
Conclusions:
I. Some desks...
Statements:
Some fabrics are silks.
Some silks are cottons.
Conclusions:
I. At least some cottons are silks
II. A...
