Question
In the question below are given some statements
followed by some conclusions. You have to take given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts. Statements: All Hours are Seconds All Seconds are Minutes Only few Seconds are Days  Conclusions: I. Some Minutes are Days II. Some Hours are DaysSolution
The correct answer is A
An insured house valued at ₹40 lakh is insured for ₹20 lakh. A fire causes ₹10 lakh damage. What will be the claim amount under the average clause?
Insurer constructs a new data center over 18 months financed from a general borrowing pool. Capitalization of borrowing costs begins when?
Which country will host the 2027 World Athletics Championships?
In the proposed budget (2017-2018), MAT credit to be carried forward to:
A company values inventory at lower of cost and NRV. Cost per unit = ₹150, NRV per unit = ₹140. For 5,000 units, calculate value as per Ind AS 2.
The purpose of preparing final accounts is to ascertain         .
Which of the following represents the second method of calculating Maximum Permissible Bank Finance (MPBF) as recommended by the Tandon Committee?
X Ltd. is merged with Y Ltd. under the pooling of interest method. The reserves and surplus of X Ltd. amount to ₹10 lakhs. How will this be treated in...
If a government grant is received but later becomes refundable, how should it be accounted?Â
A budget that outlines the planned expenditures for major capital assets like machinery and buildings is the:
