Question
An environment where insurance is plentiful and sold at
a lower cost, also known as a Buyer’s market is called?Solution
A soft market is a market that has more potential sellers than buyers. A soft market can describe an entire industry, such as the retail market, or a specific asset, such as lumber. This is often referred to as a buyer's market, as the purchasers hold much of the power in negotiations.
In the absence of Partnership Deed, partners are entitled to:
The cost that is concerned with the determination of the cost of each activity rather than the process is called:
As per the Union Budget 2025–26, under the MSMED Act, 2006, to be classified as a medium enterprise, the annual turnover should be up to:
An investor deposits ₹50,000 in an account offering 8% compound interest annually. What will be the maturity value after 3 years?
A company has a standard direct material cost of ₹10 per unit. Actual cost incurred was ₹12 per unit for 1,000 units. 950 units were actually produc...
If the company earned revenue from operations of Rs.18 lakh, what is the working capital turnover ratio of the company?
What is the minimum outstanding balance in a non-performing borrowal account that requires reporting as a willful default?
Which of the following is a limitation of accounting that can affect the accuracy and usefulness of financial statements?
Dividend is paid to the shareholders on:
Who among the following generally maintains the Audit Notebook?
