Question
Which festival is described by the following
characteristics? (I) Celebrated in the first month of the Hindu calendar, 'Chaitra'. (II) Observed in Telangana, Karnataka, and Andhra Pradesh. (III) Marks the beginning of the new year in the Telugu calendar.Solution
Ugadi is the festival that matches these descriptions. Celebrated in Karnataka, Andhra Pradesh, and Telangana, it signifies the commencement of the new year in the Telugu calendar and involves various cultural and traditional festivities, including the preparation of Ugadi Pachadi.
A firm budgeted sales of ₹120 lakh but achieved actual sales of ₹100 lakh. Variable cost was budgeted at 60% of sales, and actual cost was 62% of ac...
The process of recording business transactions in a chronological order is called:
Which of the following is not a type of cash book?
The standard time for a task is 4 hours per unit at a wage rate of ₹60 per hour. In a period, 500 units were produced in 1,900 hours, and the actual w...
Under Ind AS 116, a company leases an asset for 5 years. On transition, it recognizes a right-of-use asset and corresponding lease liability. However, t...
In an organization, profit after interest, tax, and dividend on preference shares is 4,00,000. The number of equity shares is 40,000 and the dividend pa...
A claims processing unit uses a mix of clerks and analysts. Budget: 60% clerks (₹200/hr), 40% analysts (₹500/hr) for 10,000 hours. Actual: 55% clerk...
Time of supply means
Company A sold machinery having a WDV of ₹ 40 lakh to Company B for ₹ 50 lakh (FV ₹ 50 lakh) and the same machinery was leased back by Company B T...
A person can hold directorship in ______ companies simultaneously.
Relevant for Exams:
