Question
In which city of India is the UNESCO World Heritage site
'Basilica of Bom Jesus' located?Solution
The Basilica of Bom Jesus is located in Old Goa. It is a UNESCO World Heritage Site, famous for housing the mortal remains of St. Francis Xavier. The church is an exemplary example of baroque architecture in India.
SA 700 guides auditors on forming an opinion and reporting on financial statements. When an unmodified opinion is given, the report must include a secti...
One of the approaches of Working Capital Management, where the company takes a strategy by which it finances all funds requirements with long-term funds...
Which accounting method is used for long-duration insurance contracts under IND AS 104?
In case a company considers a discounting factor higher than the cost of capital for arriving at present values, the present values of cash inflows will...
A company produces 10,000 units of a product. The fixed cost is ₹2,00,000, variable cost per unit is ₹40, and the selling price is ₹70 per unit. I...
Under the CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) scheme, which of the following would be treated as primary security for a...
Which section deals with TDS on cash withdrawals?
A software company enters into a ₹10 lakh contract including installation and training. Installation is ₹8 lakh and training ₹2 lakh. Installation...
Under SA 240, the auditor’s responsibility relates to identifying and assessing risks of material misstatement due to fraud. If a whistleblower inform...
Determining the present value of a future amount in financial sense is known as:
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