Question
According to IND AS 115, when can revenue be
recognized?Solution
Under IND AS 115, revenue should be recognized when the performance obligation is satisfied. A performance obligation is defined as a promise to transfer a good or service to a customer. The satisfaction of a performance obligation occurs when control of the promised good or service is transferred to the customer. This means that the customer has the ability to use and benefit from the good or service and also bears the risks and rewards associated with ownership of the good or service.
Under PMAY- G, the size of a unit house, which includes a hygienic place for cooking is __
What distinguishes the Caryophyllid type of Embryogeny from other types?
Flooding method of irrigation is used, when
Which of the following is not a vector quantity?
Milling copra consists of non-uniform dried pieces of coconut which are primarily used in the manufacture of coconut oil whereas Ball Copra is typicall...
The oldest form of Agroforestry is:
The chemical formula for Gypsum:
Stocking of fishes of different habits, in same pond is known as:
LDPE has maximum heat resistance of
Which state has only 7 % share in agritech startups but is the "best performing state" in the Indian startup ecosystem according to the State Startup Ra...
Relevant for Exams:
