Question
What is the maximum validity period for an FSSAI
license?Solution
FSSAI licenses can be issued for a duration ranging from 1 to 5 years, depending on the fee paid and business requirements. Renewal is essential before expiry.
A company has an actual sales of ā¹25 crore vs. a budget of ā¹30 crore. Costs were below budget by ā¹2 crore. What does this imply?
A company takes a bank loan of ā¹10,00,000 at 10% interest. Interest for the year is ā¹1,00,000. Where is interest shown in financial statements?
Which ICDS deals with Accounting Policies?
Which of the following statements is FALSE with regard to working capital management?
GST applies to all goods and services EXCEPT:
Which state was declared Indiaās first fully literate state in 2025?
A company transfers semi-finished goods from Process 1 to Process 2. Normal loss in Process 1 is 10%. If 10,000 units are input and 8,800 units are tran...
In relation to auditing concepts, which of the following statements is INCORRECT?Ā
Which of the following accounting convention states thatāTrivial transactions can be ignoredā?
Claim payments net of subrogation recoveries are material. The entity reports claim cash flows on a gross basis. Can subrogation recoveries be offset in...
