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
Which of the following represents importance of consumer protection from business point of view?
Which of the following provides services and advices to start-up firms:
What is the time limit within which the public authority shall publish particulars of its organization, functions, duties, powers and duties of its off...
The entrepreneur who does not change the method of production already introduced is:
The working capital requirement of a business is not likely to be low when:
In virtue ethics, what is the primary focus when determining the morality of an action?
Cost control and cost reduction are very important for an enterprise. The cost can be controlled by management accountant through many ways like
Which of the following is NOT a major branch of ethics?
One of the following is not important in organizing
 Which of the following risks is borne by the entrepreneur:
