Question
Which principle requires businesses to use the cost
incurred to acquire an asset as its recorded value in the accounting books?Solution
The Historical cost principle requires businesses to use the cost incurred to acquire an asset as its recorded value in the accounting books. This principle helps to ensure that the financial statements reflect the actual costs of assets, which is important for measuring profitability and making informed decisions.
Which government initiative launched the eSARAS mobile App to support marketing of products made by women of Self-help Groups (SHGs)?
Soil that comprises of both sand , silt and organic matter is termed as................
………. was launched in India on the occasion of ICAR golden jubilee celebration year.
Which of the following statement is incorrect about PMMSY?
Which Indian government initiative focuses on connecting APMC mandis to establish a unified national agricultural market and provides digital services t...
What is the maximum amount of loan under the KCC scheme for Animal Husbandry and Fisheries that does not require collateral?
What is the minimum monthly contribution for a subscriber entering the Pradhan Mantri Kisan Maan Dhan Yojana at the age of 18?
The total budget of the Ministry of Agriculture and Farmers Welfare, including Agricultural Education and Research, is about _______this time.
A scientific process of converting organic matter into compost by earthworms is called ____
What is the objective of the MAHARISHI initiative?