Question
As per the accounting standards, the impairment loss on
a revalued asset is recognised in _______Solution
An impairment loss on a non-revalued asset is recognised in profit or loss. However, an impairment loss on a revalued asset is recognised in other comprehensive income to the extent that the impairment loss does not exceed the amount in the revaluation surplus for that same asset. Such an impairment loss on a revalued asset reduces the revaluation surplus for that asset (AS 36).
Availability of competent managers in an organization is called
Management function that helps maintain managerial effectiveness by laying guidelines for future activities is
Under which Article of Constitution of India, the Finance Minister presents the Budget to the Parliament?
"Make an assessment of the material - capital and human resources - of the country, including technical personnel and investigate the possibilities of a...
Which of the following is not covered under term "Goods"?
Who are "citizens" in the context of Citizen's Charter
Quality gaps happen when managers do not understand the expectations of the
Who conducts acceptance testing of a software application ?
Under which Article of Constitution of India Contingency Fund of India is set up?
Comparing various options using decision-analysis techniques and calculating a project's viability is called
