Question
Which of the following principle applies when Provision
for Doubtful Debts is required to be maintained in the books of accounts?Solution
Conservatism principle states that record for the anticipated losses and Expenses. It is also called prudence principle. Example-Provision for Doubtful debt - The debtors have not defaulted yet, but if you are anticipating a default in the future, record it as an expense now. Also, Valuation of Inventory is done at Cost or Net Realizable Value, whichever is less.
Abstract Class in Java
In Huffman coding, data in a tree always occur?
Which numerical method is commonly used to find the roots of nonlinear equations in statistical computing?  Â
- Which of the following is a characteristic of Cross-Site Request Forgery (CSRF) attacks?
Which of the following accurately describes the primary benefit of server virtualization in a data center environment?Â
Which of the following is NOT a responsibility of the operating system's kernel?
What will be the output of the following JavaScript code when executed?
let xhr = new XMLHttpRequest();
xhr.open("GET", "https://api.examp...
- Which type of software testing ensures that integrated modules of an application work together as expected?
Which network device operates at both the data link and network layers of the OSI model, and is responsible for routing data packets between networks? ...
Predict the  program output
void main ()
{
 int x = 128;
 printf ("n%d", 1 + x++);
}
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