Question
Economic life of an enterprise is split into the
periodic interval as per which concept?Solution
The economic life of an enterprise is split into periodic intervals as per the periodicity concept. This concept states that each accounting period has an economic activity associated with it, and that the activity can be measured, accounted for, and reported upon. The periodicity concept is important because it allows businesses to track their financial performance over time. By splitting the economic life of an enterprise into periodic intervals, businesses can identify trends, patterns, and areas for improvement.
One who knows everything
A strongbox or small chest for holding valuables.
Select the correct Antonym of the given word.
adversary
Swindle
Find the word with the appropriate similar meaning of the word in Italic from the options given:
His jovial demeanor brightened up the room.
Select the most appropriate synonym of the given word.
Affliction
Select the most appropriate ANTONYM of the given word.
Native
Choose the word that means the same as the given word.
Obligation
One who always looks at the brighter side
Select the most appropriate meaning of the given idiom
Once in a blue moon
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