Question
Which of the following is true for provisions vs
contingent liabilities?Solution
A provision is a liability of uncertain timing or amount that is recognized when an outflow is probable and can be reliably estimated. A contingent liability is a possible obligation that is disclosed unless the possibility of an outflow is remote.
Which body is responsible for hearing second appeals under the RTI Act 2005?
'Shishu', 'Kishore' and 'Tarun' are the three products created by _____ to signify the stage of growth/development and funding needs of the beneficiary ...
Vendor sends credit note to purchaser on
As per ethical standards, “conflict of interest” occurs when:
Set of consumers who are interested in and access to a particular offer is called
The system of organization introduced by F.W. Taylor is known as:
Who introduced the term intrapreneur:
Retailer is a sub-element of
“Duty to serve public interest” in ethics refers to:
 Which of the following risks is borne by the entrepreneur: