Question
SEZ is an abbreviation for which term, denoting areas
that drive economic growth?ÂSolution
SEZ stands for Special Economic Zone, a designated area in a country that is subject to unique economic regulations that differ from other areas, aimed at enhancing economic activities.
Gamma Textiles Ltd. manufactures a single product with the following cost structure:
• Selling Price per unit: ₹500
• Variable Cost ...
Government company is defined under which section?
Material costing Rs. 700 in the erection of the machinery and the wages paid for it amounting to Rs. 400 should be debited to:
What is the minimum Net Owned Fund (NOF) requirement for an Asset Reconstruction Company (ARC) to commence the business of securitisation or asset recon...
A company expected material cost to be ₹50 per unit for 1,000 units. Actual cost was ₹55 per unit for 950 units. What is the material cost variance?
What is the amount which is allowed as standard deduction under section 16 from Gross salary while computing the Income under head salary?
A charge in or upon any movable property, existing or future, created by a borrower in favor of a secured creditor without delivery of possession of the...
When the day on which a promissory note or bill of exchange is at maturity (after including days of grace) is a public holiday (except emergency or unfo...
Which of the following accounting convention states that‘Trivial transactions can be ignored’?
The value of derivative is determined by