When the performance obligation is satisfied. Under IND AS 115, revenue should be recognized when the performance obligation is satisfied. A performance obligation is defined as a promise to transfer a good or service to a customer. The satisfaction of a performance obligation occurs when control of the promised good or service is transferred to the customer. This means that the customer has the ability to use and benefit from the good or service and also bears the risks and rewards associated with ownership of the good or service.
Which of the following banks has listed its USD 1 billion additional tier- I (AT-1) bonds on the IFSC (International Financial Services Centre) exchange...
How many minimum members would be there in Social Stock Exchange Governing Council as per the recent framework provided by SEBI?
Who is the current (as of February 2022) Deputy Managing Director at IMF?
According to the NSO, the Nominal GDP or GDP at Current Prices in Q1 2022-23 is showing the growth of ____ %.
In case of surplus liquidity in the system, which of the following instrument can be used by RBI to manage such surplus liquidity?
A. Re...
What is the amount of budgetary support for the cold chain scheme for FY25 as given in the Union Budget 2024-25?
In an inventory control model the ‘Buffer stock’ is the level of stock
Recently, Which of the following bank has launched the programme “MSME Prerana ” which aims at online mentoring for MSMEs ?
Which of the following would not be a good reason for a company to repurchase shares of its own stock ?
What is the target Fiscal Deficit as a % of GDP for FY23 in the Union Budget 2022-23?
