Question
The practice of appending notes regarding contingent
liability in accounting statements is pursuant to:Solution
The Convention of full disclosure ensures that all material information, including contingent liabilities, is disclosed in the financial statements. This helps users understand potential risks and uncertainties related to the company's financial position.
A can do a piece of work in 28 days, while B can do the same piece of work in 42 days. They begin working together and 6 days before completion of work,...
Q can do a work in 15 days and R can do the two-third work done by P and Q together in a day. If R completes the work in 18 days, how many days will it ...
Anil and Ashish receive Rs.2000 for work of 8 days. If Anil is 4 times efficient than Ashish, then find the daily wage received by Ashish.
A and B together can do a piece of work in 15 days which B and C together can do in 20 days. After A has been working at it for 3 days and then by B for...
‘E’ takes 30 days to complete a job. If ‘F’ is 50% more efficient than ‘E’, how many days will they take together to complete 75% of the wor...
'Amit' can finish a __ percentage of work in 4 days on his own. 'Bishnu' requires 4 days less than 'Amit' to complete the same task individually. Conseq...
- If Riya takes three times the time that Mahi takes or four times the time that Neha takes to finish a task, and all three working together can complete it ...
A, B and C alone can complete a work in 18, 32 and 24 days respectively. All of them started working together but after 3 days from start A left the job...
30 workers putting in 8 hours a day finish a task in 10 days. How many days will it take for 20 workers working 12 hours daily to finish the same task?
‘A’ can do a piece of work in 10 days. ‘B’ can do 80% of the same work in 20 days. If they work together for the entire time and get paid Rs.140...
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