Question
When profits as per cost accounts differ from financial
accounts, the difference may be due to:Solution
Major cause is over/under absorption of overheads and items recorded only in financial accounts (e.g., interest, income tax).
Which Lithuanian film won the Golden Peacock for Best Film at IFFI 2024?
According to changes introduced in the new National Accounts series, the base year for India’s GDP calculations will be updated to which year?
Which company has launched India's first-ever UPI-ATM as a White Label ATM (WLA) with the National Payments Corporation of India (NPCI offering cardless...
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TranslateGemma, launched by Google in January 2026, is built on which architecture?
With which IIT did the Indian Railways sign a MoU in December 2015, for setting up Centers for Railway Research?
Which firm has become India’s first artificial intelligence (AI) unicorn, and how much funding did it secure in its recent funding round?
The National Stock Exchange (NSE) and BSE have announced revisions in Enhanced Surveillance Measures (ESM) framework, which was introduced last month ...
What was the percentage increase in India's outward foreign direct investment (FDI) commitments in January 2024 compared to January 2023?