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Statement II is a reasonable course of action as it would help in clearing the road for traffic. As the statement I only mentions that the road is inundated due to heavy rains, while III course of action does not explicitly tell that whether the water is cleared by the municipal authority or as a natural proces. Hence, it isI and III are not a necessary action,
Which of the following transactions is capital expenditure?
As per AS-3, these activities are to be classified into following categories. Identify correct categories.
1. Operating,
2. Non Operating<...
What does “Inhwa” in management perspective refer to?
What is the limit of UPI transaction for insurance?
Which ICDS deals with Accounting Policies?
Which term refers to the specific rate of interest carried by a bond?
Which of the following represents ownership in a company?
What is the taxable event under GST?
Underwriting commission for issue of shares, shall not exceed:
Audit of accounts by the staff of the business is known as: