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All the material information must be recorded and what is material is subjective, and depends on the organization in the question. Materiality Convention states that only the material/ significant transactions should be recorded and trivial transactions can be ignored.
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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