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Ind AS 37 defines a provision as a liability of uncertain timing and amount and prescribes conditions that have to be satisfied for recognition of a provision. A provision shall be recognised when: · an entity has a present obligation (legal or constructive) that is a result of a past event; · it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation; and · a reliable estimate can be made of the amount of the obligation. A contingent liability is contingent upon happening/non happening of an event. An entity shall not recognise a contingent liability.
Six students Luca, Minis, Nino, Otis, Paul, and Quba are sitting around a circular table facing the centre. Luca is sitting third to the left of Otis. M...
Who sits opposite to G?
Four are the same in a certain way thus forms a group. Which among the following does not belong to the group?
Who among the following sits opposite to E?
L sits _____ to the left of K.
Five persons U, V, W, X and Y are sitting in a row facing north. Two persons sit between U and Y. Y sits at one of the ends of the row and second to the...
Which of the following statement is true?
I) E sits second to the left of the one who uses Lenovo
II) C sits immediate right of A
III) A uses Microsoft
If Shishpal is related to Sonal, Swati is related to Pushpendra in a certain way. So in the same way Sandeep is related to who of the following?
Which of the following laptop does C use?
If all the persons are made to sit in alphabetical order in a clockwise direction with respect to A, then how many persons remain unchanged in their po...
