ICDS II (Income Computation and Disclosure Standards II) focuses on providing guidelines for the valuation of inventories. Inventories refer to goods held by a business for the purpose of resale, production, or consumption. This standard ensures that inventories are valued appropriately in a consistent manner to reflect their true economic value. Proper valuation of inventories is crucial for determining accurate profits and financial positions in a business. The standard outlines principles and methods for determining the cost of inventories, including factors such as purchase cost, production cost, and overhead allocation. This helps in maintaining consistency and transparency in financial reporting across different businesses.
In the event of non-supply of food grains, how the Government compensate the beneficiaries under the NFSA?
Rural youth belonging to poor families are identified and trained for Self-employment in RSETIs. What does the “E” stand for in RSETIs?
Where is the headquarter of National Dairy Development Board?
Who among the following can be the beneficiary of PM Kisan Maan Dhan Yojana?
Which of the following are the features of Co-operative Banks?
I- Co-operative bank members are both customer and owner of the bank.
II- T...
What is the new premium amount for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)?
Consider the following Statements.
(1) Identification & prevention of disease- Primary Care
(2) Hospitals with X-ray, Electro Cardio Gram ...
The First Industrial Policy of Independent India was announced in ___________________.
...Which of the following are key focus areas of the Skill India Programme?
1. Vocational training
2. En...
How is the funding for the AMRUT Scheme divided between the Central and State Governments for cities with a population greater than 1 million?
