Question
If there exists a specific sports fund, the expenses
incurred in relation to sports activities will be taken to:Solution
When a specific fund like a sports fund is created for a particular purpose, any related expenditure is deducted directly from the fund, not from the income and expenditure account. This ensures fund-based accounting, commonly followed by not-for-profit organizations.
Which of the following contains information about a single ‘entity’ in the database like a person, place, event or thing?
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The term 'firewall' in computer security refers to:
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What is the main function of an operating system?
In computers, DVD stands for:
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What kind of memory is both static and non -volatile?