Question
A construction company receives advance from customer,
against the contract of constructing a bridge. But the construction company does not take this to income or sale, due to which of the following concept:ÂSolution
Revenue recognition of services depends as the service is performed. This is further divided into two ways: (a) Proportionate Completion Method: This method of accounting recognizes revenue in the statement of profit & loss proportionately with the degree of completion of each service. Here the service completion consists of the execution of more than one act. Revenue is recognized with the completion of each such act. (b) Completed Service Contract Method: This method of accounting recognizes revenue in the statement of profit & loss only when the rendering of services under a contract is completed or substantially completed.
In a virtual memory system, what is a "page fault"?
Which transmission medium is least susceptible to electromagnetic interference?
Which of the following is/are ideal of ways of spreading virus
The time taken by a single bit to travel around the ring is known as ___?
Defines the number of entities in one entity set, which can be associated with the number of entities of other set via relationship set.
- To evaluate a postfix expression we can use a _________
Which scheduling policy is prone to the "starvation" problem?
The SI unit for measuring electric resistance is:
What does the "Projection" operation in relational algebra do?
Which of the following is NOT a factor considered in the COCOMO model?
