Question
In each of the questions below are given some
statements followed by some Conclusions. You have to take the given statements to be true even, if they seem to be at variance from 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: Some summers are winters All winters are desserts No dessert is a season Conclusion: I. Some summers are not season II. No winter is a seasonSolution
Some summer are winters (I) + All winters are dessert (A) → Some summer are dessert (I) + No dessert is season (E) → Some summer are not season (O). Hence conclusion I follows. All winters are dessert (A) + No dessert is season (E) → No winters is season (E). Hence conclusion II follows.
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 Foreign Exchange transactions which may expose bank to transaction exposure are
A.   Purchase or Sale of goods in foreign currency
B...
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Financial statements are part of
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Â
The company has to pay for the warehouse to keep its goods. The warehousing cost will be classified in the company's accounts as ________
