Question
Statements: Some papers are pencils. All
pencils are pens. All pens are dusters. Conclusions: I. Some dusters are papers. II. All pencils are dusters. III. Some dusters are not pencils. In each of the questions below are given three statements followed by three conclusions numbered I, II and III. 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
Some papers are pencils (I) + All pencils are spring(A) = Some papers are pens (I) + All pens are dusters (A) = Some papers are dusters (I) or Some dusters are papers.(I) Hence l follows. All pencils are pens (A) + All pens are dusters (A) = All pencils are dusters (A). Hence, II follows.
Which is not a method of overhead apportion mechanism?
If there exists a specific sports fund, the expenses incurred in relation to sports activities will be taken to:
Which of the following financial statements shows a company's assets, liabilities, and equity at a specific point in time?
Which report is issued after completion of statutory audit of a PSU?
A software company provides license + 2 years of updates and support. How should revenue be recognised?
Under which method are extraordinary items presented separately in the statement of profit and loss?
A company has a standard direct material cost of ₹10 per unit. Actual cost incurred was ₹12 per unit for 1,000 units. 950 units were actually produc...
The primary objective of Cash Management is to:
Which accounting treatment is appropriate for assets given on finance lease (lessee perspective) under Ind AS?
Amount paid for stationery during 2022-23        ₹ 80,000
Creditors for Stationery on March, 31, 2023       ₹ 7,...