Under inflationary trend, which of the methods will show highest value of inventory?
Under inflationary trend, FIFO method will result in showing the highest value of inventory because it assumes that the items that were purchased first are sold first. This means that the items remaining in inventory are assumed to have been purchased at more recent and higher prices, reflecting the rising costs due to inflation. As a result, the cost of goods sold is lower, and the ending inventory is higher, leading to a higher overall value of inventory.
Which of the following is NOT a scheduled language of India?
The following sentence is divided into four sections. Identify the section that contains a grammatical error.
1) India is highly vulnerable
...Raghav Chadha is a Rajya Sabha member from which of the following Political Parties?
Which of the following statement is/are incorrect about the “Aravali Range”?
I. The shape of the Aravali range is...
Which of the following ornament is worn by males ?
As per Union Budget 2022 – 23 Emergency Credit Line Guarantee Scheme (ECLGS) will be extended up to __________ .
Traditionally, the land of Tamils is presented as containing 5 major physiographic divisions. Match the following
(a) Kuringi ...
Select the misspelled word.
Which is the largest uranium producing country in the world?
Which saint composed 'Sant Gun Sagar' and 'Naam-Maala' ?