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Payment based on Architect’s Certificate – If the contracts are small, full payment is usually made on the completion of the contract. But in case of large contracts, usually a system of progress payments is followed in which part payments of the contract amount are paid from time to time on the basis of the certificates issued by the architects, certifying the value of the work satisfactorily completed. Such payments are not entered in the contract account, rather are credited to the personal account of the contractee.
Comparison between sales and expenses to determine that volume of production where there is no profit and no loss is-
The Prime Minister Shri Narendra Modi inaugurated the world’s first nano urea liquid plant in which state of the country?
Which of the following is not a characteristic of partnership?
What is correct as per situation theory of leadership?
All of the following can be the reason for failure of the corporate governance in financial institutions, except-
Which of the following statement is incorrect about middle level management?
On 80th anniversary celebrations of the RBI, a Committee was constituted with the objective of working out a medium-term (five year) measurable action...
You are working in accounting department of a company and during preparation of the annual accounts you get to know that company is making huge profit ...
Which of the following is not an on-the-job training method?
System by which information is collected, processed and presented to management to help it in making better decisions, is called?
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