Question
What is the age of majority in India as per the
law?Solution
According to the Indian Majority Act the age of majority in India is 18 years. Any person, domiciled in India, who has not attained the age of 18 years is termed as a minor.
Calculate Capital Gearing Ratio of the company?
Accrual concept of accounting requires:
A claims processing unit uses a mix of clerks and analysts. Budget: 60% clerks (₹200/hr), 40% analysts (₹500/hr) for 10,000 hours. Actual: 55% clerk...
In a database, a 'Primary Key' is a field that:
XYZ Ltd. buys software for ₹10 lakh, with a license period of 3 years. How should it treat this in books?
A company has the following capital structure: Equity ₹40 lakh, Preference ₹10 lakh, Debt ₹20 lakh. Cost of equity = 15%, cost of preference = 10%...
With respect to ESOP, which of the following statement is incorrect?
Which among the following is not an Audit technique?
Which of the following cost are not excluded from the cost of inventories as per AS 2:
In relation to the condition for the issue of equity shares with differential rights:
The share with differential rights shall not exceed ______ ...
