Question
The principle that suggests recording expenses only when
they are realized, and income only when they are certain, is known as:Solution
The Convention of conservatism advises accountants to be cautious and recognize expenses and losses when probable, while only recognizing income when it is certain. This ensures a more prudent approach to financial reporting.
It will enable (A) citizens to report instantces (B) and information about criminal, unlawful (C) or suspicious (D) activities in their neighbourhood. ...
A) Eccentric        B) Genuine         C) Ostensive     D) Consign
...A very powerful businessman
The old mansion had a quaint charm.
Select the most appropriate synonym of the given word.
Perseverance
Select the word which means the same as the group of words given.
Branch of physics dealing with the properties of sound
Select the correct Antonym of the given word.
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A child born after the death of his father
Select the most appropriate synonym of the bold word
He could rise to this stature because of his invincible courage.
His meticulous attention to detail made the project a success.