Question
Which Indian state became the first to establish a
statutory Senior Citizens Commission?Solution
Kerala became the first Indian state to pass a law establishing a Senior Citizens Commission through the Kerala State Senior Citizens Commission Bill. The commission aims to address issues such as neglect and exploitation of the elderly and promote their welfare.
The term depletion is used in relation to
A company incurs heavy advertising expenditure of ₹2 crore in launching a new product. It wishes to defer the expense over 4 years. As per accounting ...
There can be variety of budget. Name the budget which relates to a particular function of the business.
Ajay draws a bill on Vinay for ₹ 60,000. Vinay accepts it. Ajay endorses it to Chintu in settlement of ₹ 70,000 at 2% discount and the balance in ca...
Which of the following is the correct full form of REIT?
X & Y share profits in the ratio of 1: 4. Z has been admitted with ½ shares in profits. What will be the new profit sharing ratio of the partners?Â
Which of the following statements are required to verify trade creditors?
Statement 1: Obtain the schedule of creditors and examine it with refer...
The Debt Equity ratio of a company is 1.6. Which of the following events is likely to improve the debt equity ratio of the company?
Unearned premium reserve (UPR) at year-end requires time-apportionment for annual policies. For a policy written on 1 Nov with annual premium ₹24,000,...
An auditor is required to determine the ________ of audit procedures according to the requirements of Standards on Auditing.
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