Economic life of an enterprise is split into the periodic interval as per which concept?
The economic life of an enterprise is split into periodic intervals as per the periodicity concept. This concept states that each accounting period has an economic activity associated with it, and that the activity can be measured, accounted for, and reported upon. The periodicity concept is important because it allows businesses to track their financial performance over time. By splitting the economic life of an enterprise into periodic intervals, businesses can identify trends, patterns, and areas for improvement.
Give one word substitutes for the following from the choices given below them.
Behaviour showing high moral standards.
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No sooner did...
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I. The Supreme Court judgment discrimination (A) the rights of transgendered persons is a landmark ruling and restores (B) faith in the Court’s a...
Plunge
an indirect way of saying something, especially something unpleasant
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A person who believes that war and violence are unjustifiable
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A system of government in which most of the important d...
I. In the House of Commons, an imported (A) to omit the fabric gloves and glove fabrics from the order which imposes (B) 33 and third per cent duty...
Select the option that can be used as a one-word substitute for the given group of words.
Many fish swimming together