Question
Which of the following economic activities falls under
the primary sector?Solution
The primary sector produces raw materials that are used to make all other products. It comprises activities like farming, cattle rearing, poultry farming, mining, fishing, dairy farming, and logging.
There can be variety of budget. Name the budget which relates to a particular function of the business.
A company enters into a contract to construct a specialized asset over 4 years. At the end of Year 2, total costs incurred are ₹60 lakh, estimated tot...
ICDS IV primarily deals with which aspect of financial reporting
The Quick Ratio (or Acid-Test Ratio) is a more stringent measure of liquidity than the Current Ratio because it:
An assessee liable to pay advance tax is not liable to pay interest u/s 234B if the advance tax paid by him is not less than
A company purchases machinery for ₹5,00,000. It estimates useful life 5 years with zero scrap. Under straight-line method, annual depreciation is:
What software applications would be the most suitable for performing numerical and statistical calculations?
For an Asset Reconstruction Company (ARC), after how many days of overdue does a receivable get classified as a Non-Performing Asset (NPA) in its books?
What does a CIBIL score of -1 indicate?
The amount of purchase ifÂ
Cost of Goods Sold = ₹80,700
Opening Inventory = ₹5,800
Closing Inventory = ₹6,000