Question
Which Indian government initiative focuses on supporting
startups with funding, mentorship, and other resources?Solution
Startup India is a flagship initiative of the Government of India that aims to build a strong ecosystem for nurturing innovation and startups. It provides various benefits such as funding support, tax exemptions, and access to mentorship and networking opportunities.
A company follows FIFO method of inventory valuation every year. Which accounting principle is being followed?
_______ Ratio is the indicator of firm’s financial leverage.
A company takes office space on a 5-year lease. As per Ind AS 116, what should be recognized in books at commencement?
Section 115JAA allows which of the following?
Which of the following cost are not excluded from the cost of inventories as per AS 2:
Preliminary expenses are the best example for _________.
A repair parts inventory for claim servicing includes slow-moving items. NRV has fallen for some SKUs, while others have long lead times. Can management...
Journal entry is not made for which of the following?
As per the Companies Act, 2013, CSR provisions are applicable if the company meets which of the following thresholds in any financial year?
Which inventory costing formula calculates value of closing inventory considering that inventory most recently purchased has not been sold?
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