Question
The duty to give information about insurance as per S.
152 of the Motor Vehicles Act includes-Solution
S. 152. Duty to give information as to insurance. (4) The duty to give the information imposed by this section shall include a duty to allow all contracts of insurance, receipts for premiums, and other relevant documents in the possession or power of the person on whom the duty is so imposed to be inspected and copies thereof to be taken.
Revenue should be recognized at the point of sale. Which principle is applied here?Â
Company’s cash book shows ₹1,20,000 (CR) as at year-end. Bank statement shows ₹1,05,000 (CR). Outstanding cheques total ₹20,000 and deposits-in-...
As per Companies Act, 2013, what is the minimum number of board meetings a company must hold in a year?
ICDS III deals with which of the following:
Post-merger, the acquirer reports a goodwill of ₹120 crore, 40% higher than the net assets acquired. Upon impairment testing, only ₹10 crore is reco...
Under RBI’s KYC Directions, which category of bank account is permitted to be opened with simplified documentation (relaxed KYC norms), subject to res...
The point at which the liability to charge tax arises is called as the Â
The Objective of ______ is to ensure that appropriate recognition criteria and measurement bases are applied to provisions and contingent liabilities an...
According to the Net Income Approach, what happens to the firm’s value as debt increases?
Who is called father of modern accountancy who also described the duties and responsibilities of auditor?
