Question
Who is the father of cloud computing?
Solution
In the 1960s J.C.R. Licklider wanted to connect people and share data anytime from anywhere, hence he invented Cloud Computing. Cloud computing is the on-demand availability of computer system resources, especially data storage and computing power, without direct active management by the user.
ABC Ltd. records a lease as an asset and a corresponding liability in its books under Ind AS 116. The company uses this asset in operations and deprecia...
A company has ₹10 lakh in equity and ₹10 lakh in 10% debt. EBIT is ₹4 lakh and tax rate is 30%. What is the financial leverage?
An audit which is authorized, governed and made compulsory under law is known as:
A general insurance company reports the following:
• Premium earned: ₹100 crore
• Claims paid: ₹70 crore
• Claims outstan...
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) has been set up by the Government of India, with which of the following?
As per the Master Circular on Management of Advances – UCBs, for borrowers (other than MSEs) requiring fund-based working capital up to ₹1 crore and...
Which of the following is NOT a capital budgeting decision?
How is working capital provided by banks calculated under the Turnover Method?
Which ICDS deals with Accounting Policies?
Under Walter’s model, if a firm’s return on investment (r) > cost of equity (ke), what should the firm do?
