Question
Valuing inventory at cost or net realizable value is
based on which principle?Solution
According to the Conservatism (Prudence) principle, expected losses should be recorded but gains should not. Hence, inventory is valued at lower of cost or net realizable value to avoid overstating assets.
Extension education was first time started in which country?
India Meteorological Department is an agency of the__________.
Ergot is an important disease of:
In plant, the cell walls of ___ cells are coagulated with the deposition of suberin which makes them impervious to water and air.
What is the ploidy of primary endosperm nucleus?
Milk is deficit in which of the following element?
Central Dogma is
The Law of Segregation states that:
Eriosoma lanigerum, Woolly aphid, is an important pest in which of the following?
Krebs cycle/TCA cycle occurs in _____ cell organelle.
