Question
What will come in the place of '?' in the following
equation, if '+' and '–' are interchanged and '×' and '÷' are interchanged? 111 × 3 – 13 + 3 ÷ 26 = ?Solution
The correct answer is A
Any casual vacancy in the office of an auditor shall in the case of a company whose accounts are subject to audit by an auditor appointed by the Comptro...
Company A absorbs Company B. Purchase consideration is settled partly in cash and partly in shares. Which accounting method is used if the takeover is i...
Which of the following statements are correct?
(i) Net Income (NI) Theory was propounded by David Durand.
(ii) The Net Operating Income (N...
An insurance company invests a large portion of its funds into corporate bonds rated BBB. After a sudden downgrade to junk status, the insurer faces los...
NOI approach advocates that the degree of debt financing is:
Which of the following is regarded factory/manufacturing/production overhead?
According to the Standards of Auditing, the "Documentation" aspect is dealt with:
As per the IRDA Regulations, 2002, a life insurance company is required to prepare it’s Balance Sheet in _______ .
What is the primary purpose of the "Canon of financial propriety"?
A construction company signs a ₹50 crore contract for building a bridge over 5 years. It recognizes revenue based on the percentage-of-completion meth...
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