What was the name of Indian plane that was hijacked in 1971?
A. Ganga (correct)
B. Jamna
C. Bangla
D. Lanka
A. Ganga (correct)
B. Jamna
C. Bangla
D. Lanka
Question
In Astrology Aquarians are ruled by what planet?
Answer
Uranus
a. First Generation(Correct)
b. Second Generation
c. Third Generation
d. Fourth Generation
Question
Which country set up the world’s first chemistry lab in 1650?
Answer
Netherlands
Question
Where is Bonnie Prince Charlie buried?
Answer
Rome
A. 0.003
B. 0.0003
C. 0.00003
D. 0.03
Which of the following assets is/are to be valued at the lower of cost and net realizable value?
A. Goodwill
B. Inventories
C. Investments
D. Both B. and C. above.
Inventories B. are to be valued at the lower of cost and net realizable value. All the other assets stated in other alternatives are valued as per the cost concept. Goodwill A. is a fixed intangible asset and is shown at the cost of its acquisition. Investments C. are valued at cost or market value whichever is less. The combination of B. and C. is incorrect because a correct answer with incorrect answer is an incorrect answer. Thus, the correct answer is B