Question
Statements:a.Some dogs are not rats b. Some rats
are lions Conclusions:I. Some dogs are not lions II. Some lions are not dogs In each of the questions below are given three statements followed by two conclusions numbered I and II. You have to take the 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 given conclusions logically follows from the given statements disregarding commonly known facts.Solution
O + I ⇒ No conclusion. Hence none follows.
Parent Co. holds 80% in Subsidiary Co. The subsidiary reports profit of â‚ą10 lakh. What is the amount of minority interest in the consolidated P&L?
SA 500 refers to:
Which of the following is a feature of Operating Lease according to Accounting Standard 19?
Under which section of the Income Tax Act, 1961, are the provisions related to TDS on interest other than interest on securities mentioned?
Accrual concept of accounting requires:
Virat Ltd. issues 5,000 10% preference shares of â‚ą100 each at â‚ą96 each. The company proposes to redeem the preference shares at the end of the 10th ...
Window dressing implies which among the following?
Revenue should be recognized at the point of sale. Which principle is applied here?Â
Goods worth Rs.100,000 taken by the owner for his personal use should be credited to:
A company with higher current assets than current liabilities is said to have:
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