Question
ICDS II deals with which of the following
aspect?Solution
ICDS II (Income Computation and Disclosure Standards II) focuses on providing guidelines for the valuation of inventories. Inventories refer to goods held by a business for the purpose of resale, production, or consumption. This standard ensures that inventories are valued appropriately in a consistent manner to reflect their true economic value. Proper valuation of inventories is crucial for determining accurate profits and financial positions in a business. The standard outlines principles and methods for determining the cost of inventories, including factors such as purchase cost, production cost, and overhead allocation. This helps in maintaining consistency and transparency in financial reporting across different businesses.
Referring to a girl, a woman says, "She is the daughter of my son
In the following number-pairs, the second number is obtained by applying certain mathematical operations to the first number. Select the set in which th...
Refer to the given number, symbol series and answer the question that follows. Counting is to be done from left to right only.
(Left) 7 7 % ...
Select the number from among the given options that can replace the question mark (?) in the following series.
14, 22, 34, ?, 70
Which figure will replace the question mark (?) in the following figure series?
If BANK is coded as 32 and BRAKE is coded as 42, then how would CLEVER be coded?
In a certain code language, 'STATE' is written as '38401405' and 'EXILE' is written as 5489245'.How will ‘ARENA’ be written in that language?
X says, "Y” is my mother's only daughter." How Is Y related to X?
In a certain code language, 'FIRE' is coded as '7391' and 'AGED' is coded as '8247'. What is the code for 'E' in the given code language?
In a certain code language, ‘4378’ is coded as ‘IDOL’ and ‘7832’ is coded as ‘IDLE’. What is the code for ‘2’ in that code language?...
Relevant for Exams:
