Which of the following is not a qualitative characteristic of accounting information?
The demand for accounting information by investors,lenders , creditors, etc., creates fundamental qualitative characteristics that are desirable in accounting information. There are six qualitative characteristics of accounting information: · Relevance – how helpful the information is for financial decision-making processes· Representational faithfulness or Reliability - the extent to which information accurately reflects a company’s financials· Verifiability - the extent to which information is reproducible given the same data and assumptions· Timeliness - how quickly information is available to users of accounting information· Understandability - the degree to which information is easily understood· Comparability - the degree to which accounting standards and policies are consistently applied from one period to another
The standard meridian of India passes through which of the following states?
1. Jammu and Kashmir
2. Madhya Pradesh
3. Chhattisgarh...
"Laho dance" is associated with which Indian state?
Which Indian state has the largest forest cover?
Consider the following statements:
1. Chota Nagpur plateau presents a radial drainage pattern.
2. Karbi-Anglong plateau lies in the west t...
Nanga Parbat is in which of the following state?
Consider the given statements:
(I) Bhimbetka rock shelter is located in the Indian state of Chhattisgarh.
(II) Bhimbetka rock shelters are...
Son River originates near _______.
Two important rivers- one with its source in Jharkhand (and known by a diff erent name in Odisha), and another, with its source in Odishamerge at a pl...
If you travel through the Himalayas, you are likely to see which of the following plants naturally growing there?
1. Oak
2. Rhododendr...
Regarding river Tapi, consider the following statements:
1. It originates from Amarkantak plateau.
2. Purna and Panjhra are important...