Question
Which of the following accounting standards deals with
"Net Profit or loss for the period, prior period items and changes in the Accounting Policies"?Solution
The accounting standard that deals with "Net Profit or loss for the period, prior period items, and changes in the Accounting Policies" is: Accounting Standard 5 (AS 5) - "Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies" AS 5 provides guidance on the disclosure of net profit or loss for the reporting period, treatment of items related to prior accounting periods (prior period items), and the accounting treatment and disclosure of changes in accounting policies. It ensures consistency and comparability in financial reporting and helps users of financial statements in understanding the financial performance of an entity.
Which layer of the OSI model is responsible for converting data into a format suitable for transmission over the network?
Transit time and response time measures the ______of network?
In a typical Ethernet LAN, what type of cable is commonly used for wired connections?
In an ER diagram, what does a diamond shape represent?
AB`->` CD
AF`->` D
DE`->` F
C`->` G
F`->` E
G`->` A
Then which of the following is false?
What is the purpose of a Storage Area Network (SAN)?
The Traveling Salesperson Problem is an example of which complexity class?
The boolean function f(x, y) = x OR (NOT(y)) is equivalent to which of the following boolean expressions?
If a tree is of 4 level how many elements are present in it?
‘/a’ is used for what in C++
