Question
Which of the following is not an example of a material
misstatement?ÂSolution
Recording a transaction in the wrong period may be a mistake, but it is not necessarily a material misstatement unless it affects the financial statements in a significant way. The other options are all examples of material misstatements that could have a significant impact on the financial statements.
According to the April 2024 IFSCA Circular, which of the following types of trading is permitted for Remote Trading Participants (RTPs)?
Which of the following system enabling the citizens of the country to utilize any ATM of a connected bank?
In which year the GIFT City was notified as SEZ (special Economic Zone)?
What method is used to calculate the Sensex and Nifty indices in India?
Abnormal Gain is shown on the …….side of the Process A/c and the ………… side of Abnormal Gain A/c
Find the current ratio of B limited data is as follows:
Land & Building: 15,00,000
Preliminary Expenses: 1,50,000
Cash: Rs.100,0...
Calculate EOQ (approx.) from the following details:
Annual Consumption: 20000 units
Ordering cost: Rs. 10 per order
Purchase price:...
Which of the following correctly describes the term "group of connected borrowers" under the UCB exposure norms?
As provided under the IFSCA Act all sums realised by way of penalties or fines under this Act shall be credited to the____________________
What is a Credit Rating Agency (CRA)?
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