Question
The Nobel Prize is awarded in how many
categories?Solution
The Nobel Prize is awarded in six categories: Peace, Literature, Chemistry, Physics, Medicine, and Economic Sciences.
Idle time can be normal or abnormal. Which of the following will be regarded as abnormal idle time?
An Indian insurer receives ₹5 crore as foreign premium from a US-based NRI. As per FEMA guidelines, how should the transaction be treated in its books...
As per Schedule III of the Companies Act, 2013, long term provisions are shown –
A ________ is not an actual contract but it resembles a contract. In other words, it is a contract in which there is no intention on part of either part...
ARP is a manufacturing concern. They come to you with following the details:
Variable Cost: ₹ 50,000
Fixed Cost: ₹ 20,000
Selli...
The point at which the liability to charge tax arises is called as the Â
___________ is a capital budgeting technique which does not require the computation of the cost of capital for decision making purposes.
A company has the following inventory data for a product:
•Opening Stock: 500 units @ ₹50
•Purchases: 1,000 units @ ₹55
•...
What types of products and services can be procured through GeM?
Company A sold machinery having a WDV of ₹ 40 lakh to Company B for ₹ 50 lakh (FV ₹ 50 lakh) and the same machinery was leased back by Company B T...