Question
What is the general principle of conservatism in
accounting?Solution
The general principle of conservatism in accounting is also known as the principle of prudence. It requires accountants to be cautious and avoid overstating assets and income, while recognizing potential losses and liabilities.
In which of the following cases it was held that by the Supreme Court that: “the period mentioned in Section 13B(2) is not mandatory but directory, i...
What are the prohibitions with respect to strikes and lock outs on a person employed in a public utility service, in breach of contract?
In hit and run cases-
Under Chhattisgarh Excise Act 1915 Tari means:Â
Jurisprudence is a latin term which means
What is the meaning of the term "amicus curiae" ?
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Appointment by collegium system ensures:
(a) enforcement of fundamental rights
(b) threat to democracy
(c) independence of judiciar...
As per the Legal Services Authority Act __________ includes the rendering of any service in the conduct of any case or other legal proceeding before any...
"Being in possession of false weight or measure" is a punishable offence:-
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