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Contingent liabilities are potential liabilities that may or may not occur, depending on the outcome of a future event. These liabilities are not recorded on the balance sheet as they are not certain or definite, but they are disclosed in the notes to accounts section to provide relevant information to the stakeholders of the company.
Based on the following statements, which is the correct conclusion drawn.
Only gentlemen can become members of the club. Many of the members of t...
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
A situation is given, followed by two conclusions I and II. Read the situation and both the conclusions carefully and select the correct answer.
...
Statements: X > T, F = Q ≥ E < T
Conclusions: X < E, X = E
Statements:
Only a few mobile is network.
No network is connection.
Some modem are connection.
Conclusions:
I. All mo...
Statement:
Only few Lion are tiger
No tiger are dog.
Only cat are dog.
Conclusion:
I. Some lion are tiger.
<...Statements: S > T ≥ U ≥ V; W < X = V > Y
Conclusions: I. Y > T ...
Statements:
Only apricots are walnuts.
Only a few almonds are apricots.
All cashews are almonds.
Conclusions:
1) Some...
Statement:
A few Creams are green.
Only green are Pink.
Only a few Pink are brown.
No brown are red.
Concl...
Rajesh purchased 6 mangoes, 3 bananas and 10 guavas in ₹136. If the ratio of the cost (per piece) of mangoes, bananas and guavas is 3 : 2 : 1, what wi...
