Question
Which of the following statements about the Losar
Festival is incorrect?Solution
The Losar Festival, celebrated by the Monpa tribe in Arunachal Pradesh, marks the Tibetan New Year and takes place in February or early March, not in August. It is the main festival of the state, characterized by rituals to ward off evil and welcome prosperity. The traditional mask dance, Aji Lhamu, is also performed during this festival.
Which of the following statement is incorrect?
A statutory auditor of a company needs to report fraud/suspected fraud within _____ of his/her knowledge of the fraud.
Standard hours for actual production = 5,000 hours; Actual hours worked = 5,500; Std rate per hour = ₹80. Calculate Labour Efficiency Variance.
____________ = (sales value – variable cost)/ Sales value
XYZ Radiology Centre acquired a new imported X-ray machine for Rs.10,50,000. Octroi paid on the machine was Rs. 5,000. Expenses of setting up and start...
Mr. A of Delhi supplied goods to Mr. B of Chandigarh (Union-Territory). Which law will govern this transaction
The Audit undertaken to check the implications of the top management decisions, having a financial bearing is otherwise known as:
ABC Ltd. enters into a contract with a director’s relative for supply of raw material worth Rs. 1.2 crore. Paid-up share capital is Rs. 5 crore. As pe...
The relationship between the operating income and earnings per share is known as
Which of the following is recognized as a Credit Information Company (CIC) in India, authorized by RBI to provide credit scores on individuals?
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