Question
In the question, assuming the given statements to be
true, find which of the following conclusion(s) among the three conclusions is/are true and then give your answer accordingly. Statements: J = K ≥ L < I ≤ M, F = G ≥ M Conclusions: I. J > F II. G > L III. M ≥ KSolution
F = G ≥ M ≥ I > L ≤ K = J No relationship can be established between J and F. Hence conclusion I does not follow. F = G ≥ M ≥ I > L ≤ K = J G > L. Hence conclusion II follows. F = G ≥ M ≥ I > L ≤ K = J No relationship can be established between M and K. Hence conclusion III does not follow.
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As per Ind AS 16, subsequent expenditure on property, plant and equipment is capitalized when it:
Under Schedule III, which of the following is classified under ‘Other Current Liabilities’?
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