Which of the following is an example of a non-monetary item that would not be recorded in the financial statements under the Money Measurement Concept?
Goodwill is an intangible asset that represents the value of a company’s brand, reputation, and customer relationships. Goodwill is not a physical asset, and its value cannot be easily measured in monetary terms. Therefore, under the Money Measurement Concept in Accounting, goodwill is considered a non-monetary item that would not be recorded in the financial statements.
How much notice does a Bank need to give before crystalizing inoperative FC denominated deposit with no fixed maturity period?
What is the purpose of a deductible in an insurance policy?
To facilitate informed decision making by investors, markets regulator SEBI has decided to introduce a risk disclosure framework for individual traders ...
Calculate the Debt Equity ratio of the company?
According to the RBI guidelines, what should be clearly spelt out at the time of financial closure of a project financed by an NBFC?
To empower youth by providing them entry level skill training in Railway Training Institutes, “Rail Kaushal Vikas Yojana” (RKVY) was notified. Unde...
Which of the following is true about Duration of a bond?
How White-label ATMs are different from Normal ATMs.
Which of the following criteria is not true with respect to Stand Up India Scheme?
With respect to Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), a person can join PMJJBY with one Insurance company with ________ bank account.