Last in, first out (LIFO) is a method used to account for inventory that records the most recently produced items as sold first. Under LIFO, the cost of the most recent products purchased (or produced) are the first to be expensed as cost of goods sold (COGS), which means the lower cost of older products will be reported as inventory Work in process inventory refers to partially completed materials within a production cycle .
For Registration of documents under Section 32 of the Registration Act, who can present documents for registration at registration- office:
Which of the following obligations are laid down by Section 12 of Prevention of Money Laundering Act 2002 on banking companies, financial institutions a...
Which section of the Prevention of Corruption Act, 1988 empowers the special judges to try the offence in a summary way?
The State Chief Information Commissioner and the State Information Commissioners shall be appointed by the Governor on the recommendation of a committee...
Pending investigation or inquiry, the Board may attach the bank accounts of any person associated in violation of any provisions of the Act for a maximu...
Among the following proceeding, the Indian Evidence Act applies
Service of summons on a male member of defendant’s family is________.
According to the Code on Social Security, 2020 how are establishments covered under this Code required to be registered?
What constitutes the use of criminal force under the Bharatiya Nyaya Sanhita?
What is the enactment date of Contract Act, 1872?
