Question
Statements: D = E ≥ G = K, O > B ≤ C = K, E
≤ I < F Conclusions: I. K > O II. D ≥ C In these questions, a relationship between elements is shown in the statements. The statements are followed by two conclusions. Give answerSolution
Given statements: D = E ≥ G = K…………..(i) O > B ≤ C = K…………..(ii) E ≤ I < F…………..(iii) Combining all the statements, we get F > I ≥ D = E ≥ G = K…………..(iv) Check for conclusion I From (iv), we cannot compare K and O. Hence, conclusion I is not true. Check for conclusion II D ≥ C is true. Hence, conclusion II is true.
Which IND AS governs accounting for insurance transactions in India?
Which of the following is an example of an intangible asset?
Stock on 1st Jan = ₹1,00,000
Purchases = ₹2,50,000
Sales = ₹3,00,000
Gross Profit = 25% on sales
Stock destroyed in fi...
In government project accounting (like infrastructure projects), revenue recognition may use percentage-of-completion method. Which of the following bes...
A company makes the following purchases during a month: 100 units at ₹10 each on 1 July and 200 units at ₹12 each on 14 July and later, on 25 July, ...
A trucking company purchases a delivery truck for ₹12,00,000. It expects the truck to deliver 3,00,000 km over its life and have a salvage value of �...
Match the following:
Which of the following is NOT a type of insurance?
Expiration of cost of intangible assets is referred to as:
Zero-Based Budgeting (ZBB) requires:
Relevant for Exams: