"Anticipate no profit and provide for all possible losses". It is based on the convention of:
The statement "Anticipate no profit and provide for all possible losses" reflects the accounting convention of conservatism. This convention suggests that when faced with uncertainty, accountants should be cautious and conservative in recognizing profits, but quick to recognize potential losses. This helps in presenting a more prudent and reliable picture of a company's financial position and performance.
During the Dudhauli war, Gyan Chand was the ruler of the Chand dynasty, and who was the ruler of the Panwar dynasty at that time?
Light falling on colloidal particles leads to scattering of light. This phenomena is called:
T Raja Kumar belongs to which country who been elected as the new President of the Financial Action Task Force (FATF)?
What is the formula for Plaster of Paris?
As new gold hallmarking mandatory guidelines, which carat gold requires a hallmark of 916?
‘Swachh Bharat Mission’ is associated with which public figure?
The ‘Gross Value Added ’ is calculated on the basis of which term?
Which of the following is correct about National Payments Corporation of India (NPCI)?
Consider the following statements:
1.HDI is a composite index that accounts for life expectancy at birth, mean years of schooling, expected years...
The foul smell from a body specially during a sultry summer is due to the action of ______ on sweat.
