Question
Which accounting concept assumes that a business will
continue to operate for the foreseeable future?Solution
The Going Concern Concept assumes that the enterprise has neither the intention nor the necessity of liquidation or of curtailing materially the scale of its operations. This allows for the deferral of expenses, depreciation of assets, etc.
________________ has ranked 124th in the 8th Edition Fortune India The Next 500 (2022 edition) of top midsize companies operating in India.
What type of forest is commonly referred to as 'Monsoon Forest'?
Which consortium has been awarded the contract for Advanced Night Sight systems for SIG 716 rifles?
Abhinav Bharat Society of revolutionaries was organized by -
With an aim to empower MSMEs, offering a diverse array of value-added services and comprehensive support throughout their business journey,Godrej Capita...
Who is the author of the book titled "Parliament: Powers, Functions & Privileges; A Comparative Constitutional Perspective"?
What is the primary purpose of the Bank Clinic launched by AIBEA?
India ranks as the ____ largest Aluminium producer globally.
Which banks have been retained as Domestic Systemically Important Banks (D-SIBs) by the RBI?
Recently IRDAI has set up a 24-member committee to develop and suggest an affordable and comprehensive cover for the _____ population.
