Question
Which of the following is not an offence under
IPC?Solution
Sec 53 of the Indian Penal Code, 1860 prescribes 5 kinds of punishments. 1. Death Penalty 2. Life imprisonment 3. Imprisonment · Rigorous · Simple 4. Forfeiture of property 5. Fine
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...
What does Miscellaneous Insurance encompass?
Which of the following forms are used for applicable for registration?
Under which section of the Income Tax Act, 1961, is the term "person" defined?
Who is the designated authority to receive information under the reporting requirements of the PML (Maintenance of Records) Rules, 2005?
A company has Net Sales = ₹80 lakh, Cost of Goods Sold = ₹60 lakh, Inventory = ₹15 lakh. What is Inventory Turnover Ratio?
To study the trends in a firm’s cost of goods sold (COGS), the analyst should standardize the cost of goods sold numbers to common size basis by divi...
Under Accounting Standard 5 on Net Profit or Loss for the period, prior period items and changes in accounting policies must be disclosed separately. Wh...
A supply comprising of two or more supplies shall be treated as the supply of that particular supply that attracts the highest rate of tax.
Which of the following transaction will affect the current ratio?