Question
Which among the following criterion are required to be
fulfilled for an asset to be classified as a Current Asset?Solution
An asset shall be classified as current when it satisfies any one of the following criteria: a. It is expected to be realized in, or is intended for sale or consumption in, the company’s normal operating cycle b. It is held primarily for the purpose of being traded c. It is expected to be realized within 12 months after the reporting date, or d. It is cash or cash equivalent unless it is restricted from being exchanged or used to settle a liability for at least 12 months after the reporting date All other assets shall be classified as non-current .
Pomology is related to study of
Potassium in Muriate of Potash (MOP) is present in the form of
Pea, gulmohur, bean, Cassia have ___ type of symmetry and hance they are ____ flowers.
Japonica species of rice is grown in
Which element is maximum in black soll:
Which is not the macronutrient?
Phenol reacts with zinc dust gives:
Part of the cell wall of endodermal cells prevents water from moving into the cell is called
Which soil-forming factor is classified as “passive”?
Which concept in agriculture involves growing two or more crops on the same land sequentially within a year to maximize productivity?
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