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Start learning 50% faster. Sign in nowArgument I is strong because it highlights a clear, logical, and socially beneficial reason—improved safety and reduced fatalities—which directly relates to the purpose of the rule. Argument II is weak because while it mentions individual freedom, the argument does not outweigh the concern of public safety, nor does it present a significant reason against the rule beyond personal inconvenience.
The rule for nominal accounts is
Raman Ltd. is evaluating a new machine costing ₹60 lakhs with a useful life of 5 years. The expected annual operating cash inflows (after-tax) are ₹...
As per Schedule in of the Companies Act, 2013, a Company shall disclose by way of notes additional information regarding aggregate expenditure and incom...
A service shall be a continuous supply of service agreed to he provided continuously or on recurrent basis under a contract when the period of service e...
Which of the following appears under the heading 'Reserves & Surplus' in the balance sheet?
In accordance with Ind AS 2, explain how the item should be measured:
One of Company's product lines is beauty products, particularly cosmetics s...
Which of the following budgets is considered the primary budget prepared in a business organization?
A firm is considering replacing its old machine with a new one.
Old machine: Book value = ₹8L, Salvage = ₹2L
New machine: Cost = ₹20...
As per the Union Budget 2024-25, the Long-Term Capital Gains (LTCG) tax rate under sections 112A and 112 has been revised to _____
A company is evaluating two mutually exclusive projects, A and B, both requiring an initial investment of ₹1,50,00,000. The cost of capital is 10%. Th...