Question
Making provision for doubtful debts is as per ……
conventionÂSolution
According to Convention of conservatism , you should record expenses and liabilities as soon as possible, but to record revenues and assets only when you are sure that they will occur.
In case of an infrastructure project, a project finance account classified as ‘standard’ shall continue to be classified as ‘standard’ on accoun...
Which regulator in India regulates and provide guidelines on issuance of commercial papers?
As per the priority sector lending (PSL) norms as revised in March 2025, w hat is the total PSL target for Domestic Scheduled Commercial Banks (excludin...
Effective communication is extremely important for leaders so as to achieve the organisational goals. Which of these must be avoided for effective comm...
Considering the challenges faced by MSMEs in maintaining consistent financial reporting standards, which of the following changes in the Income Tax Act ...
Under Basel III, the Liquidity Coverage Ratio (LCR) requires banks to hold high-quality liquid assets (HQLA) to meet liquidity needs for how many days ...
To study the trends in a firm’s cost of goods sold (COGS), the analyst should standardize the cost of goods sold numbers to common size basis by divid...
Under the revised review of regulatory framework for Housing finance company (HFCs), by January 2025, what percentage of total public deposits must depo...
What is project financing?
What does cash flow means in accounting parlance?
Relevant for Exams:
