Informationis organized or classified data, which has some meaningful values for the receiver. Information is the processed data on which decisions and actions are based. For the decision to be meaningful, the processed data must qualify for the following characteristics − Timely− Information should be available when required. Accuracy− Information should be accurate. Completeness− Information should be complete.
Which of the following is a restriction regarding investments made by banks in securities/instruments issued by NBFCs?
Which of the following is not a financial asset in accordance with IND AS 109?
Which type of risk is associated with internal procedures, people, and systems within a company?
Which of the following is not a type of modified opinion?
Jay Ltd sells units for Rs 4/bottle. The variable cost for the unit per bottle is Rs.2 and has a fixed operating cost of Rs 4000 and a fixed financing c...
Bad debts Recovered `1,000 will be credited to which among the following accounts?
Who developed the Hierarchy of Needs theory?
In a period of rising prices and stable inventory quantities, which of the following best describes the effect on gross profit of using LIFO as compare...
Lee opened his new business on 1 January 2016. On that date, the only asset was a bank balance of $10,000.
During the year, Lee’d drawings...
What is Cash Reserve Ratio for banks, as stated by RBI as of September 2022?
