Question
ICDS III deals with which of the
following:ÂSolution
ICDS III, which stands for Income Computation and Disclosure Standard III, deals with "Construction Contracts." It provides accounting and recognition guidelines for revenue and expenses related to construction contracts, ensuring consistent and accurate financial reporting in the construction industry. This standard helps in determining when and how to recognize revenue and expenses associated with long-term construction projects.
Recently, India's foreign exchange reserves increased to 2.56 billion dollars.
Which of the following are true about the Mauryan administration?
1. The Mauryan Empire had a highly centralized administration.
2. The Ar...
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