Question
Ā Introducing Meenakshi, Ramsingh says, "She is the
sister of the son of my mother's sister". How is Meenakshi related to Ramsingh ?Solution
A firm budgeted sales of ā¹120 lakh but achieved actual sales of ā¹100 lakh. Variable cost was budgeted at 60% of sales, and actual cost was 62% of ac...
The process of recording business transactions in a chronological order is called:
Which of the following is not a type of cash book?
The standard time for a task is 4 hours per unit at a wage rate of ā¹60 per hour. In a period, 500 units were produced in 1,900 hours, and the actual w...
Under Ind AS 116, a company leases an asset for 5 years. On transition, it recognizes a right-of-use asset and corresponding lease liability. However, t...
In an organization, profit after interest, tax, and dividend on preference shares is 4,00,000. The number of equity shares is 40,000 and the dividend pa...
A claims processing unit uses a mix of clerks and analysts. Budget: 60% clerks (ā¹200/hr), 40% analysts (ā¹500/hr) for 10,000 hours. Actual: 55% clerk...
Time of supply means
Company A sold machinery having a WDV of ā¹ 40 lakh to Company B for ā¹ 50 lakh (FV ā¹ 50 lakh) and the same machinery was leased back by Company B T...
A person can hold directorship in ______ companies simultaneously.
