Question
Which of the following is not an example of a material
misstatement?ÂSolution
Recording a transaction in the wrong period may be a mistake, but it is not necessarily a material misstatement unless it affects the financial statements in a significant way. The other options are all examples of material misstatements that could have a significant impact on the financial statements.
If 10 men working 10 hours a day can make 10 quilts in 10 days, then in how many days 20 men working 20 hours per day will make 20 quilts?
In 1870, who among the following formed the Puna sarvjanik sabha ?
With reference to the Judicial Review powers of the Supreme court of India, consider the following statements
1. The Supreme Court of India ha...
Under which article does the Indian Constitution provide for the distribution of legislative powers between the Union and the States?
Which of the following rivers originates from Amarkantak Hills?
A product costs a company Rs 120 to manufacture and it sold the product to a dealer for Rs 140, who is turn sold it to a shopkeeper for Rs 170, who sold...
How will the plant be affected if the rate of respiration becomes more than the rate of photosynthesis?
What all benefits do account holders get under PMJDY?
     I.       Overdraft facility
   II.       Life Insuran...
At which one of the following places did Mahatma Gandhi first start his Satyagraha in India?
In the context of Inflation, consider the following statements:
1. Laspeyre Index is used for the calculation of the Wholesale Price Index.
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