Question
Before a suit is instituted against the Government a
notice has to be issued to the government as per which section of CPC?Solution
As per CPC S. 80. Notice.
A company’s inventory turnover ratio is 8. If average inventory is ₹2,50,000, annual cost of goods sold is:
A company's shares with a face value of Rs. 10 each are quoted at Rs. 60 in the stock market. Current rate of dividend is 6% and this is expected to gro...
Under the Written Down Value (WDV) method of depreciation, the WDV of an asset is always:
The following balances are available for a company:
Cash: ₹5L, Inventory: ₹12L, Debtors: ₹10L, Short-term investments: ₹3L
Account...
Which of the following ratios is a measure of a firm's short-term liquidity position?
Insurer owns a building leased out to an unrelated party; management uses cost model. What disclosures are still required?
If a firm’s interest coverage ratio falls from 6x to 2x over a year, it indicates:
 ______ is a system that focuses on activities as the fundamental cost objects and uses the cost of these activities for compiling the costs of product...
Which of the following directors is NOT appointed by the Board of Directors?
Which of the following is a key principle of the "Canon of financial propriety"?
