Question
The speed of a boat in still water is 6 km/hr and speed
of current is 3 km/hr. If time taken to cover a certain distance upstream is 21 hours, then how long will the boat take to cover the same distance downstream?Solution
Total distance = 21 × (6 – 3) = 63 km Required time = 63/(6 + 3) = 7 hrs
Which is not a method of overhead apportion mechanism?
If there exists a specific sports fund, the expenses incurred in relation to sports activities will be taken to:
Which of the following financial statements shows a company's assets, liabilities, and equity at a specific point in time?
Which report is issued after completion of statutory audit of a PSU?
A software company provides license + 2 years of updates and support. How should revenue be recognised?
Under which method are extraordinary items presented separately in the statement of profit and loss?
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...
The primary objective of Cash Management is to:
Which accounting treatment is appropriate for assets given on finance lease (lessee perspective) under Ind AS?
Amount paid for stationery during 2022-23        ₹ 80,000
Creditors for Stationery on March, 31, 2023       ₹ 7,...
Relevant for Exams:
