Question
In the following number-pairs, the second number is
obtained by applying certain mathematical operations to the first number. Select the set in which the numbers are related in the same way as are the numbers of the following sets. (NOTE : Operations should be performed on the whole numbers, without breaking down the numbers into its constituent digits. E.g. 13 – Operations on 13 such as adding /deleting /multiplying etc., to 13 can be performed. Breaking down 13 into 1 and 3 and then performing mathematical operations on 1 and 3 is not allowed.) (280, 140) (186, 93)ÂSolution
The correct answer is A
A firm’s EBIT is ₹5,00,000, interest expense is ₹1,00,000. What is the Degree of Financial Leverage (DFL)?
"Window Dressing" in accounting refers to:
The difference between the total debits and total credits of an account is called:
The law of demand states that, other things being equal:
Prepaid Rent appearing in the Trial Balance is treated as:
Which accounting principle/concept states that revenue should be recognized when it is earned, regardless of when cash is received?
The "Matching Principle" requires that:
The primary objective of financial accounting is to:
Goodwill is a/an:
If an asset is purchased for ₹1,00,000 with a residual value of ₹10,000 and a life of 9 years, the annual depreciation under the Straight Line Metho...
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