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IND AS 115: Revenue from Contracts with Customers is an Indian Accounting Standard that provides guidance on how to recognize revenue from contracts with customers. It is based on the core principle that revenue should be recognized when it is probable that future economic benefits will flow to the entity and these benefits can be measured reliably. In Accounting Standards: AS 9 ‘Revenue Recognition’ provides guidance on when and how to recognize revenue from a variety of transactions. Rest of the IND AS mentioned in question deals with the following: IND AS 109 Financial Instruments IND AS 101 First time adoption of Indian Accounting standards IND AS 102 Share-based Payment IND AS 16 Property, Plant & Equipment
Which of the following is not used in organic farming?
What is the primary objective of the Grow-out Test in seed certification?
Lowest fat is found in the milk of
Famine and drought are common feature of this Agro-climatic zone
Which one of the following is not a part of Seed Production in Lucerne?
Which of the following potential is always negative?
What is the acceptable upper limit for moisture content in cashew kernels intended for export?
The regulated market have been established by:
Which one of these metals is used as a shield against radioactive emissions?
FSSAI operationalised the Food Safety and Standards (Fortification of Foods) Regulations, 2016 for fortifying staples. Which of the following is fortifi...