In an organization the delegation of authority results in prompt ________
Delegation occurs when someone with authority confers upon another person the power to do a particular task. Delegation is usually a one-way street - superiors delegate authority to subordinates. However, ultimate responsibility for task completion usually remains the responsibility of the person who delegated the authority to complete it. For example, a sale manager in an enterprise can share his duties with his immediate subordinates who in turn delegate them to their subordinates. The process of delegation of authority results in what is known as 'boss-subordinate relationship" and also gives rise to an organization.
If the Opening Debtors were Rs.50,000 and Closing debtors are Rs.40,000, what effect will it have on the cash flow statement?
The life of the business is split into smaller intervals as per which of the following accounting concepts?
Advance amount received from customers is not considered as sale. It is based on which concept?
_________ is a method to sell securities to the existing shareholders of a company.
GSTN is a?
An entry with more than one debit or credit is known as
While calculating the claim outstanding at the end, which claims are considered?
Where a company is formed and registered under this Act for a future project or to hold an asset or intellectual property and has no significant accoun...
Calculate the Inventory turnover ratio of the company?
The person responsible for paying any income by way of winnings from lottery an amount exceeding ₹ 10,000, shall deduct
