Question
........................................is a contractual
agreement made between two parties, in which one party agrees to pay for potential losses or damages caused by the other party, for example, an insurance contract.Solution
The correct answer is D
Which form is used for preparing the Profit and Loss Account of an General insurance company under the IRDA Regulations, 2002?
Which event would be treated as an adjusting event after reporting period under Ind AS 10?
Shareholders holding not less than _________ % of the face value of the equity shares of the transferor company (other than the equity shares already he...
________ is the largest US electronic stock market in terms of shares traded and is the home to leading companies across all industry sectors such as Mi...
The purpose of preparing final accounts is to ascertain .
A firm prepares a flexible budget formula based on activity: Sales = ₹20/unit, variable cost = ₹12/unit, fixed cost = ₹1,20,000. If actual product...
A company sells air-conditioners with a 2-year free maintenance service included in the contract. The customer pays the full consideration upfront at de...
Anil and Baldev are partners sharing profit and losses in the ratio of 3: 2. Anil's capital is ₹ 60,000 and Baldev's capital is ₹ 30,000 before adju...
Which of the following best describes “Drawing Power (DP)” in the context of a Cash Credit facility given by a bank?
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