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This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 1051. |
Sundry Income of 1,500 received in advance.in which side it will go in balance sheet??? asset or liabilities |
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Answer» ONG>Answer: iska answer kal donga... aaj pata nhi hai .... or Google SE MEIN deta nhi answer.... OK sorry.... Explanation: plZ come plz Meeting ID: 254 309 7144 Passcode: come |
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| 1052. |
The sequence of daily market prices of the shares of Z Ltd is given below: 205, 201, 202, 204, 203, 210, 215, 213, 211, 209, 206, 208, 210, 212, 215, 217, 215, 213, 211, 212, 214, 217, 219, 220, 218, 216, 214, 212, 214, 215, 212, 210, 215, 217, 218, 220, 218, 216, 215, 212, 216, 218, 220, 224, 225,222.You are required to answer the following:-i. What inference will you draw about the market efficiency from the above data? Draw your inference at a level of confidence of 95%. (The area under normal curve between z=0 and z=1.96 is 0.475)ii. Is technical analysis useful in this case?iii. What will be your prediction about the future movement of the price of this share? iv. What will you do if you want to trade in this share based on your prediction? Why? |
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Answer» ong>Answer: |
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| 1053. |
Discuss the relevance of accounting standards in accounting practices. |
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Answer» ONG>Explanation: The accounting standards help measure the PERFORMANCE of the MANAGEMENT of an entity. It can help measure the management's ability to increase profitability, maintain the solvency of the firm, and other such important FINANCIAL duties of the management. Management also must wisely choose their accounting policies. please make me brainlist Dear and follow me on |
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| 1054. |
8. Explain about company accounts. |
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Answer» ong>Answer: For showing the revenue and financial performance of company , Accountant maintains company accounts .All company accounts are made in Corporate accounting . We can DEFINE it as RECORDING of issue of equity and pref. shares , debentures , bonus and right shares . It is also duty to maintain all routine accounts like sole trade and partnership firm . In normal transactions , we can include PURCHASE , sale , RECEIPT and payment transactions and it is recorded in journal first and after posted it to ledger of Company accounts . Company accounts are also helpful for making company's final ACCOUNT . Explanation: Hope it's helpful for you! |
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| 1055. |
Define a rational function of money (interest) that gives the required principal that will give the giveninterest after five (5) years at a rate of 0.8%. Attachthe definition of the function with brief explanation.pls answer this I will mark you as brainlist |
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Answer» ong>Answer: |
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| 1056. |
Interest received in cash from loans and advance is considered as _ activity while preparing cash flow statement. |
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Answer» ONG>Answer: financing ACTIVITY in case of normal firm OPERATING activity in case of BANKING institution or something like this |
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| 1057. |
Jan 1 Commenced business with cash rs50000 Jan 3 bought goods for cash rs30000 jan5 sold goods for cash rs45000 jan10 paid rent rs15000 Jan 25 paid salaries rs25000 |
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Answer» ong>Answer: journal entries Jan 1 cash account. Dr 50000 to CAPITAL account. 50000 Jan 3 purchase account Dr 30000 to cash account. 30000 Jan 5 cash account. Dr 45000 to SALES account. 45000 Jan 10 rent account. Dr. 15000 to cash account. 15000 Jan 25 salaries account Dr 25000 to cash account 25000 |
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| 1058. |
Relevance of accounting standards in accounting practices. |
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Answer» ong>ANSWER: Accounting STANDARDS are the BASIC of accounting due to which you can do,
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| 1061. |
What is management accounting |
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Answer» ong>Answer: hope it helps you Explanation: In management ACCOUNTING or MANAGERIAL accounting, MANAGERS use the provisions of accounting INFORMATION in order to better inform themselves before they decide matters within their organizations, which aids their management and performance of control functions |
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| 1062. |
Plss ans this question |
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Answer» ong>Answer: please mark me as brainlist please FOLLOW me guys |
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| 1063. |
Mr.ashok Gupta is a partner in a firm.he withdrew the following amounts during the year ended 31 st march 2018. Rs April 30. 8,000 June 30 6,000 Sept 30. 5,000 Dec 31. 12,000 Jan.31. 10,000 Calculate interest on drawing @9%p.a for the year ended on 31st march,2018. |
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Answer» ONG>Answer: 660+262.5+450+360+225=1957.5 Explanation: |
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| 1065. |
The owner of Bntten's Egg Farm wants to estimate the mean number of eggs laid per chickon. A sample of 20 chickens shows they laid an average of 20 eggs per month with :standard deviation of 2 eggs per month, |
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Answer» ONG>Answer: Explanation: 20/20= 1 |
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| 1066. |
5) Explain about methods of single entry system? |
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Answer» ong>Explanation: The single-entry bookkeeping method records ENTRIES once and does not "balance" the transaction out by recording an opposing credit or debit. A single-entry system MAY CONSIST only of transactions posted in a notebook, DAYBOOK, or journal. ... Under the method the intent is to record the bare-essential transactions. |
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| 1067. |
Purchased merchandise on account for Rs. 20000 journal entry for this? |
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Answer» ONG>ANSWER: to cash a/c 20000 Explanation: hope it help u buddy |
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| 1068. |
A the manufacturer, sold goods to B the wholseller of Rs. 1000 plus 10% GST. B , wholeseller sold goods to C, the retailer of Rs. 11oo plus 10% GST.C, the retailer sold goods to D, the customer of Rs. 1500 plus 10% GST. Calculate the Tax and Total price charged for each level. |
| Answer» ONG>ANSWER: | |
| 1069. |
What is Share ?????? |
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Answer» ong>Answer: In financial markets, a share is a unit USED as mutual funds, limited partnerships, and real estate investment TRUSTS.[1] Share capital refers to all of the SHARES of an enterprise. The owner of shares in the company is a shareholder (or stockholder) of the corporation.[2] A share is an indivisible unit of capital, expressing the ownership relationship between the company and the shareholder. The denominated value of a share is its face value, and the total of the face value of issued shares represent the capital of a company,[3] which may not reflect the market value of those shares. |
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| 1070. |
WK-17 . 114-251 3Зо 18 18 1913 520 6 6 1018 до 30 Гц1 1 3 3 316 до 30 |थैंक्स |
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Answer» ONG>Answer: plz ELABORATE ur QUESTION ..it is ununderstandable....plz reask it... |
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| 1071. |
Q4. In the following situations faced by a company which financial ratios will you refer? Explain yourreasons.a) The company asks you to sell material on credit.b) You are thinking of investing Rs. 25,000 in the company's debentures.Ç) You are thinking of investing RS. 25,000 in the company's shares. |
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Answer» ong>Answer: (C) you are THINKING of INVESTING rs. 25,000 in in the company's SHARES. Explanation: give a THANKS plz |
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| 1072. |
the indian aviation industry- current scenario it is a phase of rapid growth in the industry due to huge build up of capacity in the LCc space, with capacity growing at approximately 45% annually. this has induced a phase of intense price competition with incumbent full service carriers (jet, indian, air sahara) discounting up to 60-70% for certain routes to match the new entrants ticket prices |
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Answer» ONG>EXPLANATION: hshsjsjzkkxjxjxjxjx plz MARK as brainlest okkkkkkkk |
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| 1073. |
Purchase government bond Journal entry in cash book three column cash |
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Answer» ong>ANSWER:hree column cash book CONTAINS cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash SALES Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. MISSING: GOVERNMENT bonds hree column cash book contains cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. Missing: government bonds hree column cash book contains cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. Missing: government bonds hree column cash book contains cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. Missing: government bonds hree column cash book contains cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. Missing: government bonds hree column cash book contains cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. Missing: government bonds hree column cash book contains cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. Missing: government bonds hree column cash book contains cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. Missing: government bonds hree column cash book contains cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. Missing: government bonds hree column cash book contains cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. Missing: government bonds hree column cash book contains cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. Missing: government bonds hree column cash book contains cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. Missing: government bonds hree column cash book contains cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. Missing: government bonds hree column cash book contains cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. Missing: government bonds hree column cash book contains cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. Missing: government bonds hree column cash book contains cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. Missing: government bonds hree column cash book contains cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. Missing: government bonds hree column cash book contains cash, bank and discount column... ... Cash Book? April 2017. 02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315. ... Accounting Problems & Solutions ... What would be the entries? Reply. Missing: government bonds Explanation: |
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| 1074. |
Mr. Rahul joins a limited company on 24th June, 2018. Before this, he has never been in any other employment. He has no other source of income. What will be the previous year for the following assessment years') (a) Assessment year 2019-20 (b) Assessment year 2020-21 |
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Answer» ong>Answer: HAI i have no answer so................. IAM so SORRY aa..... |
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| 1075. |
Printed Pages - 2 Cd-502:B. Com. (Third Year) Examination, 2019-20GROUP : ACCOUNT (Compulsory)नोट प्रत्येक खण्ड के लिए नवीन पृष्ठ से उत्तर लिखना प्रारम्भ किया जाए।Note: Each section is start ansrer from new page.खण्ड-अ प्रश्न-पत्र : प्रथम / Section-A Paper : FirstINCOME TAX LAW & PRACTICEMaximum Marks : 40 (Regular) / 50 (Private)Minimum Pass Marks : 13 (Regular) / 17 (Private)नोट : सभी प्रश्न अनिवार्य हैं। सभी प्रश्नों के अंक समान हैं। प्रत्येक उत्तर अधिकतम 400 शब्दों में दिया जाये।Note: Attempt all questions. Each question carries equal marks. Each answer is maximum 100 words,1. मिस्टर राहुल एक लिमिटेड कम्पनी में 24 जून, 2018 को नौकरी प्राप्त करते है। इससे पूर्व वह किसी भी अन्य सेवा में नहींथे। उनकी आय का कोई अन्य स्रोत भी नहीं है। निम्नलिखित कर निर्धारण वर्ष के लिए उनका गत वर्ष क्या होगा?(अ) कर-निर्धारण वर्ष 2019-20(ब) कर-निर्धारण वर्ष 2020-21 |
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Answer» ONG>ANSWER: what is this............. Explanation: |
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| 1076. |
11 OI une above 25.A ##### error appears when :(A) A negative data is used.(B)Column is not wide enough(C) Negative time is used.(D) All of the aboveTT |
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Answer» ONG>Answer: All of these above OPTION D Hope U understand Tag me as BRAINLIEST |
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| 1077. |
A #### error appears when ? |
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Answer» T POST IRREVERENT THINGS.. |
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| 1078. |
63. (Revaluation A/c/Partner's Cap. A/c/B/S) A and B were partners sharing profits and losses in the ratio of 3:2. Their Balance Sheet on 31st March, 2015 stood as under :-Liabilities₹ FAssetsCapital-A70,000 Machinery-B60,000 FurnitureBank Loan18,000 InvestmentsCreditors72,000 StockGeneral Reserve20,000 Debtors38,000Less : Provision4,000Cash66,00030,00040.00046,00034,00024,0002.40,0002,40,000On this day they admitted C for 25% share in profits on the following terms :-(i) C brings capital proportionate to his share after all adjustments and 78.000 forgoodwill, out of his share of 14,000.(ii) Depreciate furniture by 10%.(iii) Half of investments were to be taken over by A and B in their profit sharing ratioand remaining valued at 26,000.(iv) New profit sharing ratio will be 3:3:2.Prepare Revaluation Account, Capital Accounts and Balance Sheet after C's admission[Ans. Profit on revaluation 3,000 : C's Current A/c (Dr.) 6,000 : Partners' capitalaccounts balances A 84.400 : B 62,600 and C 49,000 : Total of Balance Sheet2.86,000.1 |
| Answer» ONG>Answer: | |
| 1079. |
What accounting functions that making financial statements |
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Answer» functions of FINANCIAL statements include financial reporting, financial analysis and cash flow management. MANAGERS, INVESTORS and creditors MUST understand the functions of financial statements to use them in the most effective manner |
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| 1080. |
Record the following transactions in the journal : (i) Bought goods from Gopi & Co. of list price ₹ 20,000 at 10% TradeDiscount plus CGST and SGST @ 6% each. (ii) Bought goods from Mona & Co. of list price ₹ 30,000 at 20% TradeDiscount and 25% Cash Discount. IGST paid on it was @ 12%. Paid by cheque. (iii) Sold goods costing ₹ 40,000 at a profit of 25% on cost less 20% TradeDiscount and 2% Cash Discount to Maya & Sons, Paid CGST and [email protected] 6% each. It paid the amount by cheque to avail CashDiscount. (iv) Outstanding rent of previous year ₹ 10,000 is paid by cheque. (v) Machine purchased of 80,000 from mahindra Ltd and paid ₹ 20,000 for installation expenses. (vi) Goods purchased from Gopi & Co. of list price ₹ 33,000 were given ascharity to a N.G.O. (vii) Electricity charges paid by chequefrom saving account ₹ 25,000 (viii) Legal fee paid ₹ 38,000, stationery expenses paid ₹ 2,000. |
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Answer» ONG>ANSWER: I can't KNOW......... |
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| 1081. |
अंशों की क्रय वापिसी से क्या आशय है?What is meant by buy-back of shares? |
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Answer» ong>ANSWER: Stock buybacks refer to the repurchasing of shares of stock by the company that ISSUED them. A BUYBACK occurs when the issuing company pays shareholders the market VALUE per share and re-absorbs that portion of its ownership that was previously distributed AMONG public and private investors. hope it would be helpful to you.... please mark me as brainliest... |
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| 1082. |
Cr. OmgewandeGeneral expensesWP₹19.72034.96515,9659,4801.9802.15025,0009,4554,17530.0008.142Factory fuel and power1.276Sundry debtors78,140Lighting factory986Stable expenses for distribution2.473Stock 1st April, 201034,170Horses and carts5,165Purchases97,165Sales returns3,170Discount928Bad debts1,485Interest and bank charges475Cash at bank7,540Cash in hand145Abdul Rahman's capital alc80,000Sundry creditors54,160Bank loan10,000Purchases returns1,140Reserve for bad & doubtful debts102,000Sales2.46.8503.94.150 3.94.150Adjustments :(1) Stock on 31st March, 2011 29,630.(ii) Depreciation-plant and machinery @ 10% fixtures and fitting @ 5% horses andcarts1000.(iii) Bring provision for bad and doubtful debts to 5%.(iv) Unexpired insurance 300 and taxes 190.(v) A commission of 1% on the gross profit to be provided for works manager.(vi) A commission of 5% on net profit after charging the works manager's commissionto be credited to general manager.Hint: (i) Works manager's commission 945.(ii) General manager's commission * 2,643.[Ans. G.P. 94,453; N.P. 50,209; B/S) 1,97,957]NP-X RWhen suchNPY35 ич) |
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Answer» ONG>Answer: Can't get what you are ASKING Sorry MAN Really sorry |
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| 1083. |
What is difference between Revaluation a/c and P&L adjustment a/c? |
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Answer» ONG>Answer: both are same another name of revaluation account is profit and loss ADJUSTMENT account |
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| 1084. |
The good will brought in the new partner is withdrawn by old partners in their |
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Answer» ong>Answer: Hello! Your question is incorrect. Explanation: |
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| 1085. |
Prepare financial statement of the firm Ramesh and Mahesh Following is the Trail Balance of Chharavilm Ltd. as on 31 March, 2020:Name of AccountsDebit CreditAmount Rs. Amount Rs.Equity Share Capital25,00,00010% Preference Share Capital15,00,000Office and Sales Expenses2,00,000Purchase less Returns33,00,00010% Debentures10,00,000Sales less Returns48,00,000Computer Software2,00,000Computers5,00,000Wages8,00,000Debentures Interest100,000Salary4,00,000Bank Overdraft20,000Land and Building20,00,000Opening Stock1.50,000Discount ReceivedDebtors and Creditors7,50,000BUL1,00,000Proposed DividendDepreciations and AmortizationsNon-Current Investments8,00,000Current Investments2.00.000Total 100,00.000 100.00.000Additional Information1. The value of Closing Stock Is Als. 1,80,0002. The Tax Provision is to be created @ 50% of the Profit of the year,From the above information prepare Financial Statements of the company for the yearended as at 31 March, 2020 as per scheduled Ill of the Companies Act 2013. Notesto the accounts are not required |
| Answer» ONG>ANSWER: | |
| 1086. |
D 30.00097.165925BD ODD10.000Szoek on March 2010 20.530Deprecate-plant and machinery a 10% fimures and fitting @ 5% horses andy common the gross profit to be provided for works manager.communen of een net profit after charging the works manager's commissionintos megetis commission *945.SP NP 50.209: B/SR 1.87.957Brun |
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Answer» ONG>EXPLANATION: okkkkkkkkkmmmmmmkkkkk |
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| 1088. |
Sundiyan Stack on 31 March 2011 19.30Depreciation plant and machinery 10% fixtures and fitting homes andBring provision for bad and doubtful debts toCiv) Unexpired insurance 300 and taxe 190A comission of is on the gross profit to be provided for works managerA comission of son net profit after changing the works manager's commissionto be credited to general manager:Hint: Works manager's commission 94518 unGP453: NP 750.309, BSR 1.97,967) |
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Answer» ONG>Answer: Nsudus SUUS SALAM vjvbjjd sjsisbhd jssjhdbs D S D x x dcjxyc dusk SCHOOL svstc NAMASTE cjsjs xbsis |
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| 1089. |
9.96 Final Accounts (With Adjustments)Cr.Plant and machineryManufacturing wagesSalariesFixtures and fittingsCarriage inwardsCarriage outwardsFreehold worksManufacturing expensesInsurance and taxesGoodwillGeneral expensesFactory fuel and powerSundry debtorsLighting factoryStable expenses for distributionStock 1st April, 2010Horses and cartsPurchasesSales returnsDiscountBad debtsInterest and bank chargesCash at bankCash in handAbdul Rahman's capital a/cSundry creditorsBank loanPurchases returnsReserve for bad & doubtful debtsSalesDr.₹19,72034,96515,9659,4801,9802,15025,0009,4554,17530,0008,1421,27678,1409862,47334,1705,16597,1653,1709281,4854757,540145upNP-Y RNP80,00054,16010,0001,1402,0002,46.8503.94,1503.94.150Adjustments :(1) Stock on 31st March, 2011 * 29,630.(ii) Depreciation-plant and machinery @ 10% fixtures and fitting @ 5% horses andcarts1000.(iii) Bring provision for bad and doubtful debts to 5%.(iv) Unexpired insurance 300 and taxes * 190.(v) A commission of 1% on the gross profit to be provided for works manager.(vi) A commission of 5% on net profit after charging the works manager's commissionto be credited to general manager.Hint: (i) Works manager's commission * 945.(ii) General manager's commission 2,643.[Ans. G.P. 94,453; N.P. 50,209; B/S) 1,97,957]88 u |
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Answer» ong>ANSWER: how much BIGGER question HO my god |
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| 1090. |
Journal entry of interest accurued on investment |
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Answer» ong>ANSWER: |
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| 1091. |
14. Pass Journal anthes and prepare fumltun Account in the Jan. 1000'OZ – ym jog pornpund anjum,0007 Win 10 Pjos amuJan. 12. further furniture purchased & 8.000ng for cashlan. 25 fumure withdrawn from business for personal 500000': $ 109 Supung peseyp II Wer3 9 Type a messageC |
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Answer» ONG>ANSWER: हैलो nakakkakajwjwoowjwh यू हो सकता है वर्तमान स्थिति y एल डीएम अब तक y s यू देख सकते हैं कि |
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| 1092. |
14. Pass Joumal entries and prepare Furniture Account in the ledger.2020Jan. 1. Furniture purchased for cash < 20,000Jan. 5. Furniture sold for cash 2000Jan. 12. Further Fumiture purchased < 8,000Jan. 18. Purchased building for cash 1,000Jan. 25 Fumiture withdrawn from business for personal (2500 |
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Answer» ONG>ANSWER: eedrrtyyuiiietyu the same as I can you send me your email address will not repeat the same procedure will be very HAPPY with the exercise of the SOL in the current situation and 5 marks your hand up r |
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| 1093. |
Which things is necessary for goodwill |
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Answer» align="absmiddle" alt="\huge\color{PINK}{\mathfrak{♡ђэℓℓ๏♡}}" class="latex-formula" id="TexFormula1" src="https://tex.z-dn.net/?f=%5Chuge%5Ccolor%7Bpink%7D%7B%5Cmathfrak%7B%E2%99%A1%D1%92%D1%8D%E2%84%93%E2%84%93%E0%B9%8F%E2%99%A1%7D%7D" title="\huge\color{pink}{\mathfrak{♡ђэℓℓ๏♡}}"> The three factors in the creation of a company's goodwill include its going CONCERN VALUE, excess business income, and the expectation of future economic benefits......^o^ |
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| 1094. |
Which of the following is not included in Current Assets ?(A) Debtors(B) Bills Payable(C) Cash at bank(D) Cash in hand |
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Answer» ong>Answer: |
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| 1095. |
Standard costing involves the : (A) Setting of budgeted costs(B)Determination of standard cost(C) Fixation of estimated cost(D) All of the above |
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Answer» ONG>ANSWER: all of the above d OPTION |
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| 1096. |
How importance to follow the guidlines in accounting? (5 sentences) |
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Answer» ong>Answer: They are designed to MAINTAIN credibility and transparency in the FINANCIAL world and the Generally Accepted Accounting Principles (GAAP) are accounting principles that PROVIDE GUIDELINES on how companies should prepare financial statements. |
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| 1097. |
What will a contingency note contain? A circumstance where a company may have a liability A disclosure of all future commitments of the company A set of criteria required to be able to recognize revenue A disclosure of future contracts to be performed |
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Answer» ong>Answer: |
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| 1098. |
Information on the allocation of resources and the compliance to regulations is used by. |
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Answer» ONG>Answer: sorry I didn't know ANS because I am child |
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| 1099. |
23. Standard costing helps in : (A) Controlling prices(B) Measuring efficiency(C) Increasing profits(D) Reducing losses |
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Answer» ONG>Answer: C) Increasing profit. Explanation: PLZ mark me as Brainlist |
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| 1100. |
20. The objectives of budgetary control include:(A) Policy formation(B) Determination of targets(C) Classification of expenses(D)All of the above |
| Answer» ONG>Answer: | |