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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.
Major groundnut producing state in India is:
Crown Gall disease is caused by
The Journal named Indian Farmer’s Digest is released monthly by ______
Bt term was discovered by ………………………… while working on ……….. disease of silkworm.
...Value of Correlation Co-efficient is
Khaira disease of rice is caused due to deficiency of
Which seed treatment method involves dry seeds being placed in containers and covered with concentrated Sulphuric acid (H2SO4) or HCl in the ratio of on...
During the embryogenesis, the cell elongation and cellular differentiation occurs in
Which of the following groups is of pre-emergence herbicides?
Allophone is found in which type of soils?
