Question
Who received the Laureus World Sportsman of the Year Award
in 2025?Solution
Swedish pole vaulter Armand Duplantis received the 2025 Laureus World Sportsman of the Year Award for breaking world records twice in 2024. He is only the second track-and-field athlete to win after Usain Bolt.
Factory overheads are absorbed at 20% of direct wages. Direct wages = ₹1,00,000, actual overheads = ₹22,000. What is the overhead variance?
According to the RBI’s discussion paper on the Expected Credit Loss (ECL) model, loss allowances on lease receivables and contractual guarantee contra...
A company purchased land for ₹5,00,000 by issuing shares instead of paying cash. How should this transaction be treated in the cash flow statement?
Which among the following ratios will be affected because of salaries paid in cash as advance salary?
A company follows the accrual basis of accounting and recognizes revenue when the goods are dispatched, not when cash is received. However, in its final...
In the context of auditing standards, which standard is associated with "Agreeing the Terms of Audit Engagements"?
Find the gross profit based on the following information.
Opening stock ₹10,000
Credit purchase ₹50,000
Cash purchase ₹60,000...
Under the provisions of the SARFAESI Act, 2002, specialized entities called ARCs are regulated by RBI. What does the term ARC stand for?
A company's shares with a face value of Rs. 10 each are quoted at Rs. 60 in the stock market. Current rate of dividend is 6% and this is expected to gro...
What method is used to calculate the Sensex and Nifty indices in India?
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