CAT Questions

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

In 1963, the peacock was declared theNational Bird of India because of its rich religious and legendary involvement in Indian traditions.

Air contains water in a gaseous form called water vapour.

(P - 4)(P - 6)

Now applying distributive property, we get

P.P - 4.P - 6.P + 6.4

P^2 - 10P + 24

1. A fixed budget is established for a specific level of activity whereas flexible budget is prepared for various levels of activity.

2. Fixed budget cannot be changed after the period commences, whereas a flexible budget can be changed after the period commence.

3. Fixed budget is more suitable for fixed expenses whereas flexible budget takes both fixed as well as variable expenses in account.

4. Fixed budget includes only fixed costs, whereas a flexible budget includes fixed costs, variable costs and semi variable costs.

5. Fixed budget is mainly used in planning stage whereas flexible budget is used in controlling stage.

Strength of concrete increases with increase in water cement ratio as the strength of the cement is directly proportional to water cement ratio.