Question
The practice of appending notes regarding contingent
liability in accounting statements is pursuant to:Solution
The Convention of full disclosure ensures that all material information, including contingent liabilities, is disclosed in the financial statements. This helps users understand potential risks and uncertainties related to the company's financial position.
With the road closed to tourists, those who wish to visit Ooty will have to take alternative routes reach Coimbatore and then precede to the hill statio...
From the options given below, select the option which states the correct combination of correct sentences.
- The new wai...
Choose the word that means the opposite of the highlighted word in the sentence.
The program was not organized properly and confusion seem...
COGENT
Choose the correct combination of grammatically incorrect sentences
I. The COVID-19 pandemic has had a profound impact on the global economy, ...
Select the correctly punctuated sentence from the options below.
Hitler latter declared that this was when he realised he could really "make a good speech".
Choose the correct combination of grammatically incorrect sentences
I. The digital sector will contribute a quarter of the incremental GDP by t...
Inference- Loss of biodiversity affects indigenous people badly.
I. Due to their subsistence economies and spiritual connection to lands and t...
 In order for he to attend the meeting, he needs to prepare exhaustive notes.Â