Question
Which of the following is a limitation of accounting
that can affect the accuracy and usefulness of financial statements?Solution
While financial statements are an important tool for analyzing a company's financial performance, they are limited in their ability to reflect future events or changes in market conditions. This is because financial statements are based on historical data and do not take into account changes in economic conditions, technological advancements, or shifts in consumer preferences that may impact a company's future performance.
With reference to fundamental rights which of the following statements is/are correct?
1. Fundamental rights promote SocioEconomic democracy.
... The members of “Child Labour Technical Advisory Committee” are appointed by?
Can non-Indian citizens open a bank account under PMJDY?
A number is decreased by 5% and then increased by 10%. What is the percent increase or decrease of the number thus obtained from the original number ?
Which of the following is the most electropositive element?
 From which Air Force Station did President Dropati Murmu fly in a Sukhoi-30 warplane?
Which of the following legislations cannot be included in industrial relations legislation?
Which one of the following is the size of hydrogen atom?
 Which of the following data structure is linear type?
 Consider the following information related to a company's inventory: