Question
He said to his partner, "I will not be responsible if
the project fails." In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.Solution
In reported speech, ‘will’ changes to ‘would’ and the verb should be in past tense. So, ‘fails’ changes to ‘failed’.
If nothing is given in the financial statements about the three accounting assumptions, then it is to be treated as it. Â
A company purchases machinery for â‚ą10 lakhs and incurs â‚ą1 lakh on its installation. The accountant records the total â‚ą11 lakhs under the fixed ass...
If a financially stressed company raises funds through a preferential issue of shares (under SEBI relaxations), what will be the impact on its Debt/Equi...
A company chooses not to record a small calculator worth â‚ą500 as a fixed asset. Which concept is being applied?
A firm sells Product A (â‚ą50/unit, VC â‚ą30/unit) and Product B (â‚ą100/unit, VC â‚ą60/unit) in ratio 2:3. Fixed costs = â‚ą4 lakh. Calculate BEP sales...
Which of the following banking transactions involves the lending of money to individuals or businesses in exchange for interest payments and the promise...
Which form is used for preparing the Profit and Loss Account of an insurance company carrying out life insurance business under the IRDA Regulations, 2002?
Shortage in material can be due to normal reasons or due to abnormal reasons.
Which of the following will be regarded as shortage due to abnormal reason?
In respect of income from house property, the collection charges are allowed up to a maximum of:
This kind of audit is conducted generally between two annual audit ______.
Relevant for Exams:
