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No measurement is unit (E) + Some units are points (I) → Some points are not measurements (O*) + Some measurements are lines (I) → No conclusion. Hence neither conclusion I nor II follow but it will make a complementary pair. Hence either conclusion I or II follows. No unit is measurements (E) + Some measurements are lines (I) → Some lines are not units (O*). Hence conclusion II does not follow.
A company revalues its foreign currency receivable at the closing rate on balance sheet date. Under which Ind AS is this required?
It is essential to standardize the accounting principles and policies in order to ensure
An Indian exporter receives a payment of USD 50,000 when the exchange rate is ₹83/USD. At the year-end, the rate drops to ₹80/USD and the amount is ...
A foreign subsidiary reports its accounts in USD. On consolidation, the holding company translates the figures into INR. Which rate should be used for i...