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Questions | Answers | Discussions | Knowledge sharing | Communities & more.
What game studio makes the Red Dead Redemption series?
Rockstar San Diego makes the red dead redemption series
Rockstar San Diego makes the red dead redemption series
See lessWhich day is celebrated as World Music Day?
21 June is celebrated as world music day
21 June is celebrated as world music day
See lessWhich day is celebrated as World Music Day?
21 June is celebrated as world music day
21 June is celebrated as world music day
See lessLichen is an organism which monitors ___________?
Lichen is an organism which monitors air pollution
Lichen is an organism which monitors air pollution
See lessWhat is the average of first n multiples of 7?
The average of first n multiples of 7 is:- 7(1+n)/2
The average of first n multiples of 7 is:-
See less7(1+n)/2
What is not included in Property, Plant & Equipment?
Property, Plant & Equipment (PPE) doesn't include the following items:- 1. Biological asset (other than bearer plant) related to agricultural activities. Here bearer plant is a plant that- a. is used in the production or supply of agricultural. produce & b. is expected to bear produce for moRead more
Property, Plant & Equipment (PPE) doesn’t include the following items:-
See less1. Biological asset (other than bearer plant) related to agricultural activities.
Here bearer plant is a plant that-
a. is used in the production or supply of agricultural.
produce &
b. is expected to bear produce for more than 12
months &
c. Has a remote likelihood of being sold as
agricultural produce except for incidental scrap
sales.
2. Wasting assets including mineral rights, expenditure on the exploration for and extraction of mineral, oil, natural gas & similar non regenerative resources.
3. Investment property is not PPE and it should be accounted for only in accordance with the cost model as prescribed.
What are the two categories of investment? Explain them.
Investment is classified into 2 categories: 1. Current investment:- refers to investment which is readily realisable by its nature and has intention to hold for not more than 1 year. 2. Long term investment:- which is other than current investment and has intention to hold more than 1 year.
Investment is classified into 2 categories:
See less1. Current investment:- refers to investment which is readily realisable by its nature and has intention to hold for not more than 1 year.
2. Long term investment:- which is other than current investment and has intention to hold more than 1 year.
What is impairment loss?
Impairment loss refers to the difference of carrying amount/book value and recoverable amount. Here the carrying amount means the amount of asset recorded in accounts and, recoverable amount refers to higher of: a) net selling price b) cost to sell/value in use
Impairment loss refers to the difference of carrying amount/book value and recoverable amount.
See lessHere the carrying amount means the amount of asset recorded in accounts and,
recoverable amount refers to higher of:
a) net selling price
b) cost to sell/value in use
What are the three levels in an organisation? Name them
The following are the levels in an organisation:- 1. Corporate level 2. Business level 3. Functional Level
The following are the levels in an organisation:-
See less1. Corporate level
2. Business level
3. Functional Level
What are the three branches of government in the United States?
The Constitution of the United States divides the federal government into three branches: legislative, executive, and judicial
The Constitution of the United States divides the federal government into three branches: legislative, executive, and judicial
See less