(1) Overall design of the database: This refers to the database schema, not an instance. The schema is the blueprint that defines the structure of the database.
(2) The snapshot of the database at any given time: This is the correct definition of a database instance. It represents the actual data contained in the database at a specific moment in time, including all current records and their values.
(3) Data about the data: This describes metadata, which is information about the structure and properties of the data, not the instance itself.
(4) Restriction on the type of data inserted: This refers to data constraints or validation rules, which are part of the database schema definition.
Therefore, the correct answer is (2) The snapshot of the database at any given time, as this is what constitutes a database instance.
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If debentures are issued to a vendor for assets purchased and the vendor's account is credited by Rs 1,10,000, what is the journal entry if the debentures are issued at a premium of 10 %?
Which of the following is correct regarding difference between sacrificing and gaining ratio?
(A) Gaining Ratio is a more suitable parameter to measure new profit sharing ratio than Sacrificing Ratio.
(B) Sacrificing Ratio is calculated at the time of the admission of the partner while Gaining Ratio is calculated at the time of retirement or death of the partner.
(C) New partner's share of goodwill is divided between the old partners in gaining ratio while Goodwill paid to retiring partner is paid by the remaining partners in their Sacrificing ratio.
(D) Sacrificing Ratio = Old Ratio - New Ratio and Gaining Ratio = New Ratio - Old Ratio.
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Arrange the following in the context of Cash Flow Statement:
(A) Calculation of cash flow from Operating Activities
(B) Calculation of cash flow from Financing Activities
(C) Calculation of net increase/decrease in cash and cash equivalent during the year
(D) Calculation of cash flow from Investing Activities
(E) Calculation of net profit before tax and extraordinary item
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Re-arrange the following parts of a sentence in their correct sequence to form a meaningful sentence.
(A) the decision was announced publicly
(B) after weeks of speculation and media reports
(C) by the government officials
(D) during a press conference
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