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  • Question
  • Income taxes are allocated to


  • Options
  • A. discontinued operations
  • B. prior period adjustments
  • C. extraordinary items
  • D. All the above

  • Correct Answer
  • All the above 

    Explanation

    Income taxes are allocated to extraordinary items, discontinued operations and prior period adjustments.

  • Tags: AIEEE, Bank Exams, CAT

    Indian Economy problems


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    • 1. Is CST applicable on freight charges?
    • Discuss
    • 2. Which of the following represents 'I' in the abbreviation IRDP

    • Options
    • A. Integrated
    • B. Indian
    • C. Insurance
    • D. Internal
    • Discuss
    • 3. Structural employment arises due to

    • Options
    • A. Deflationary Conditions
    • B. Heavy industry bias
    • C. Shortage of raw meterials
    • D. Inadequate productive capacity
    • Discuss
    • 4. As per the news reports, MTNL recently launched its 3G service and became the first telecome operator to launch the same in India. What is the full form of 'G' in 3G

    • Options
    • A. Global
    • B. Generation
    • C. Growth
    • D. Gravity
    • Discuss
    • 5. Which of the following is NOT one of the core areas identified under the Bharat Nirman Programme

    • Options
    • A. Irrigation
    • B. Rural Electrification
    • C. Rural Housing
    • D. Computer Education in schools
    • Discuss
    • 6. An increase in the quantity demanded means that

    • Options
    • A. The demand curve shifted to right
    • B. Price of the product has declined
    • C. Increase in consumer income
    • D. All the above
    • Discuss
    • 7. The law of demand states that other things equal

    • Options
    • A. as the price increases, the quantity demanded will decrease.
    • B. as the price increases, the quantity demanded will increase.
    • C. as the price decreases, the demand curve will shift to the right.
    • D. as the price increases, the demand will decrease.
    • Discuss
    • 8. Economic resources are also called
    • Discuss
    • 9. In the expansion phase of a business cycle

    • Options
    • A. economy moves from peak to trough
    • B. economy moves from contraction to peak
    • C. economy moves from trough to peak
    • D. economy moves from trough to trough
    • Discuss
    • 10. Which of the following is a microeconomic statement?

    • Options
    • A. The price of personal computers declined last year.
    • B. Unemployment was 6.8 percent of the labor force last year.
    • C. The real domestic output increased by 2.5 percent last year.
    • D. The general price level increased by 4 percent last year.
    • Discuss


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