Question
If irrelevant evidence is so mixed up with relevant
evidence as to make it impossible to separate one from the other then.Solution
If it is possible to segregate both then blue pencil rule will apply but if it is not possible then whole testimony should be discarded.
Which of the following statements is correct?
Following information is available regarding an organization:
Direct material purchased: 1,50,000
Direct material consumed: 80,000
...
A company has Net Sales of ₹1,000 lakhs, Net Profit of ₹80 lakhs, Total Assets of ₹750 lakhs, and Equity of ₹250 lakhs.
Calculate Return ...
According to section 10 of Indian Contract Act, 1872, which of the following is not regarded as the essential elements of a valid contract?
Process costing is suitable for
A share is quoted at Rs. 60. An investor expects the company to pay a dividend of Rs. 3 per share, one year from now. The expected price of share after ...
Which risk is a bank facing due to the mismatch between its assets and liabilities tenure?
A life insurance company estimates future policyholder liabilities at ₹900 crore and holds total assets of ₹1,200 crore. It also reports a solvency ...
A software company provides license + 2 years of updates and support. How should revenue be recognised?
Process of verifying the documentary evidences of transactions are known as___________