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When the performance obligation is satisfied. 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.
Select the option in which the triad share the same relationship as that shared by the given triads.
S – V – A
H – K – P
How many triangles are there in the given figure?
Read the given statements and conclusions carefully. Assuming that the information in the statements is true, even if they appear to be at variance with...
Select the option that is related to the fifth letter-cluster in the same way as the second letter-cluster is related to the first lettter-
clu...
One morning Kumar and Vikram were talking to each other face to face at a crossing. If Vikram’s shadow was exactly to the left of Kumar, in which dire...
Statements:
Some wallets are purses.
Some purses are bags.
All bags are suitcases.
Conclusions:
I. No wallet is a...
Select a figure from amongst the Answer Figures which will continue the same series as established by the five Problem Figures.
Problem Figures: ...
Find which figure is to be removed so that all, starting from I, fit into a pattern.
18 is related to 54 following a certain logic. Following the same logic, 21 is related to 63. To which of the following is 72 related to, following the ...