Question
Read the given statements and conclusions carefully.
Assuming that the information given in the statements is true, even if it appears to be at variance with commonly known facts, decide which of the given conclusions logically follow(s) from the statements. Statements : No nose is a hand. No hand is a leg. All knees are hands. Conclusions : I . No knee is a nose. II . No knee is a leg.Solution
All knees are hands (A) + No hand is a nose (E) → No knee is a nose (E). Hence conclusion I follows. All knees are hands (A) + No hand is a leg (E) → No knee is a leg (E). Hence conclusion II follows.
Which of the following statements about the accrual basis of accounting is true?
A company purchased machinery worth ₹5 lakh during the year and repaid a long-term loan of ₹3 lakh. It generated ₹12 lakh from operations. What is...
Which of the following is NOT regarded as a financing decision under financial management?
Which of the following best describes the amount by which the carrying amount of an asset exceeds its recoverable amount?
On dissolution, A’s capital = ₹50,000, B’s capital = ₹30,000. Cash realised = ₹60,000. Creditors = ₹20,000. Loss on realisation is shared eq...
State which statement is incorrect:
In whose favour is the Doctrine of Indoor Management?
What is the loan amount and tenure under the second tranche of finance provided through PM Vishwakarma Scheme?
Which of the following banking transactions involves the lending of money to individuals or businesses in exchange for interest payments and the promise...
As per Section 63(1), a company can issue fully paid up bonus shares to its members out of:
Relevant for Exams:
