Miscellaneous In Commerce - Study Mode

[#76] Creating provision against fluctuation in the price of investment is application of accounting concept:
Correct Answer

(A) Convention of conservatism

[#77] Which one of the following is related to operating budgets?
Correct Answer

(D) All of the above

[#78] The convention of conservatism when applied to the balance sheet result in:
Correct Answer

(A) Understand the asset

[#79] Mimeography is a:
Correct Answer

(B) method of stencil duplication

[#80] Proposed dividends' is shown in the Balance Sheet of a company under the head:
Correct Answer

(A) Provisions