Question
P, L, T, B, N and D are six members of a business
family. N is the son of B, who is not the mother of N. L is the brother of B. D and B are a married couple. T is the daughter of D, who is the sister of P. How is N related to T?Solution
The correct answer is C
As per taxation terminology, Income of a particular year is taxable in the immediately following year. Immediate following year is called as ………�...
With respect to Job Costing, which of the following statement is incorrect?
Calculate the inventory turnover ratio:
Following information has been provided by a contractor for the year ending 31-3-2020.
(a) Total expenditure till 31-3-2020 is Rs. 5,000.
...
During the year 2016-17, the profit of the business before charging manager's commission was Rs. 1,89,000. If the manager's commission is 5% after charg...
OPC (One person company) shall file a copy of the duly adopted financial statements to the Registrar in _________.
Which of the following is not a mandatory financial statement of a General Insurance Company as per IRDA regulations?
V Ltd. sells Customer C a water purifier and maintenance service for 2 years for a total consideration of Rs 20,000. As per IND AS 115, determine how m...
Which of the following transactions is revenue expenditure?
Premium income for the year is ₹240 crore, evenly earned. As at year-end, unexpired risk is 50% of premium. Calculate UPR to be carried forward.
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