Question
If there exists a specific sports fund, the expenses
incurred in relation to sports activities will be taken to:Solution
Explanation :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.
What type of performance guarantee is given in case of public tenders?Â
Tenure of first auditor shall be from the date of appointment till the?
Calculate the direct exchange rate between INR and HKD from the following information
Spot INR/GBP = 100.82
Spot HKD/GBP = 10.71
Fo...
Which of the following is/are the basic component(s) of financial risk?
An investment fund that is traded on an exchange is known as
Which of the following is NOT mentioned as an eligible external benchmark in the circular on External Benchmark Based Lending issued by RBI?
What is meant by the term "market capitalization" in equity markets?
Which of the following banks was established as a private sector bank in India?
1)Â Â Â Axis Bank
2)Â Â Â IDBI Bank
3)Â Â ...
One of the best sources of information on training needs of employees in an organisation is their Performance Appraisal. In fact, many organisations hav...
In which of the following situations is it advisable for an investor to buy a bond?
