Question
A software firm enters a contract for software license, customization, and after-sales support. Revenue is recognized over time for customization but at a point in time for the license. Which Ind AS governs this?
More Accounts Questions
- Which of the following reflects a sign of strong corporate governance practices?
- In the context of international financial regulation, the Financial Action Task Force (FATF) is primarily responsible for:
- CSR committee of a Board shall consists of ________.
- What is the applicable GST rate on online gaming, horse racing, and casinos in India with effect from October 1, 2023?
- A company purchases machinery for ₹10 lakhs and incurs ₹1 lakh on its installation. The accountant records the total ₹11 lakhs under the fixed asset head. ...
- Which principle states that transactions should be recorded when they occur, regardless of whether cash has been exchanged or not?
- A company has issued non-convertible debentures. Which of the following is true?
- A public company with paid up capital of Rs.10 crore or more, can appoint an individual as an auditor maximum for ________ consecutive years.
- Selling Price/unit = ₹50; Variable Cost/unit = ₹30; Fixed Cost = ₹2,00,000. Compute Break-even sales (₹).
- Which of the following is NOT a part of the process of budgetary control in costing?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)