Question
Statement:Â Few penguins are parrot.
At-most some penguin are sparrow. Only a few sparrows are peacock. Conclusion: I. Some sparrows are parrot. II. All parrot can be penguin. III. All sparrows can be peacock. IV. No sparrows are parrot. 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 factsSolution
If an ad-hoc credit limit sanctioned by a bank is not reviewed and the account shows no activity, when does it become an NPA?
The Companies Act 2013, contains ________.
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...
A company transfers semi-finished goods from Process 1 to Process 2. Normal loss in Process 1 is 10%. If 10,000 units are input and 8,800 units are tran...
Which of the following is NOT a component of an accounting system?
Consider the following journal entry:
In what circums...
For each registration, a separate GST Registration No (i.e., GSTIN) of ______ digits is allotted.
What is the maximum deduction allowed under Section 80U of the Income Tax Act, 1961, for an individual with a normal disability?
Under the equity method of accounting for associates (AS 23), the investment is initially recorded at cost and subsequently adjusted for:
Under SA 240, the auditor’s responsibility relates to identifying and assessing risks of material misstatement due to fraud. If a whistleblower inform...
