Question
Milling is the process wherein the rice grain is
transformed into a form suitable for human consumption. Which part of rice grain is removed in milling?Solution
In milling both husk and bran are removed.
Which of the following is not a mandatory financial statement of a General Insurance Company as per IRDA regulations?
A company produces a single product with the following cost structure:
• Selling price per unit: ₹500
• Variable cost per unit: ₹3...
Which of the following is an example of a change in accounting policy that must be disclosed under AS 1?
Parent Ltd. acquired 80% of Subsidiary Ltd. on 1st April 2023. At the time of acquisition, the subsidiary’s retained earnings were Rs. 5,00,000. On 31...
Which of the following is/are involved in Financial Management?
1. The process of acquiring and efficiently utilising financial resources
...
The accounting equation is the foundation of:
The amount, set aside each year to redeem debentures under the Sinking Fund Method, is invested in:
Input 20,000 units; normal loss 10% with scrap value ₹3/unit; actual output 18,300 units. Determine abnormal gain/loss units.
Consider the following information.
What will be the ...
In the context of the Reserve Bank of India’s initiatives, what does CRILC stand for?
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