Question
Who was the architect of the Indian economic reforms of
1991.Solution
: Dr. Manmohan Singh, the then Finance Minister of India, was the principal architect of the economic reforms of 1991, which liberalized the Indian economy.
Company had opening deferred tax liability (DTL) ₹50,000. Due to tax rate change enacted after reporting date, DTL must be remeasured to ₹45,000. Th...
In cost accounting, 'Overhead' refers to:
The cost which is not accumulated in a job order costing system is:
As per RBI’s KYC/AML guidelines on wire transfers, the term “Beneficiary” refers to:
Opportunity cost is relevant for which type of decision-making?
Which ICDS deals with Accounting Policies?
A company has the following inventory data for a product:
• Opening Stock: 500 units @ ₹50
• Purchases: 1,000 units @ ₹55
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With respect to ESOP, which of the following statement is incorrect?
For which of the following goods, the manufacturer is not allowed to opt for composition scheme:
With respect to AS: 16 (Borrowing Costs), which of the following statement is incorrect?