In relation to the Accounts of Insurance Companies, which of the following statements are correct?
(i) Re-insurance means the transfer of a part ...
If an asset’s useful life is revised from 10 years to 8 years in its 5th year, then how should the depreciation be recalculated?
When profits as per cost accounts differ from financial accounts, the difference may be due to:
Read the following information to answer the below questions:
Byron Ltd reported 32000 in earnings during the current financial year. The total shares outstanding are 40000 at a market price of 18 per share. What i...
An audit firm is appointed to audit a client that has recently engaged in a major merger with a company where the audit firm’s senior partner holds sh...
Fill in the blanks by selecting appropriate word/s the List II.
List I:
1. The _________ ratios are primarily measures of return: 2. The...
A company sets a standard cost of ₹50 per unit. Actual cost was ₹55 per unit for 1,000 units. The material price variance was ₹3,000 (A) and usage...
In a manufacturing company, which of the following best represents a preventive control?
What is the taxable event under GST?