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Explanation: •The Accrual Principle recognizes revenue when earned and expenses when incurred, regardless of cash flow. •It ensures that financial statements reflect the actual financial position.
Which company has signed a Rs 63,000-crore deal to source feedstock for its upcoming petrochemical plant at Usar in Maharashtra from Bharat Petroleum Co...
Which of the following tech firm has recently partnered with DigiLocker to bring local storage of government issued IDs on Android devices?
Amazon announced to set up three solar farms in ___ with a combined capacity of 420 megawatts (MW)?
Which country has closed off Bosphorus and Dardanelles straits to limit transit of Russian warships to the Black Sea?
Recently Gurmeet Bawa passed away, who was she?
Who has been honored with the Best Member Federation Award by the Asian Athletics Federation?
What is the projected AUM growth for NBFCs in FY25 according to ICRA?
The Ministry of Statistics and Programme Implementation (MoSPI) recently constituted a 26-member Advisory Committee on National Accounts Statistics (ACN...
The Reserve Bank has harmonised the provisioning norms for standard assets applicable to all categories of urban cooperative banks (UCBs). Under this,ad...
According to the new UNAIDS report "The Urgency of Now: AIDS at a Crossroads," what is one of the critical steps needed to end the AIDS pandemic by 2030?
