Question
In February 2016, which city topped the 'Swachh
Survekshan-2016' rankings of 73 cities in India with minimum open defecation and extensive adoption of solid waste management practices?Solution
The correct answer is B
Which of the following reduces working capital requirement?
ABC Ltd. reports two inventory items: Item A – Cost ₹10 lakh, NRV ₹12 lakh; Item B – Cost ₹8 lakh, NRV ₹6 lakh. How should inventory be valu...
In a textile mill, cotton passes through spinning, weaving, and dyeing departments. Loss occurs at each stage. Which costing method is best suited?
An asset was previously revalued downward. If it is now revalued upward, how should the increase be treated?
Under bank reconciliation, cheques issued but not presented are:
Shyam Ltd. acquired a new machinery for ₹ 1,00,000 that is depreciable at 20% as per AS 6 WDV method. The machine has an expected life of 5 years with...
Find the incorrect statement:
Drawings made by an owner belongs to:
Virat Ltd. issues 5,000 10% preference shares of ₹100 each at ₹96 each. The company proposes to redeem the preference shares at the end of the 10th ...
Consider the following for Q Co. for the year 2021-22:
• Cost of goods available for sale: ₹1,00,000
• Total sales: ₹80,000
Relevant for Exams:
