Answer / naviii

Financial statements are prepared on historical costs and
fail to present a true and fair view of the business as
they do not consider price level changes. Inflation
accounting, on the other hand, is recording all the
financial and economic events of a business in terms of
current cost and discloses a true and fair view of the
business. But in India, there is an urgent need of a
generally-accepted inflation accounting method to keep pace
with the global system of accounting.

what is meant by mid-cap?

2 Answers  

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WHILE CALCULATING STOCK TURN RATIO WHY WE TAKE AVARAGE STOCK

1 Answers  

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Whatis new GL & Odd G.L What is the difference between these two.

0 Answers   HCL,

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EXPAND_________ZBA

1 Answers  

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if 9+3=722,5+7=536,8+6=845,4+4=613,then what is 7+2=???

7 Answers   Wipro,

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What I will be done in this case I deduct tds excess than the actuai amount?

0 Answers   Capital IQ,

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what is the meaning of interim period?

2 Answers  

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Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?

0 Answers  

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What are the errors and the types of errors?

7 Answers   Accenture, Genpact,

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what do you meant auction? what is F & o segment?

0 Answers  

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What is Deposit Clearing House ?

1 Answers   Capital IQ,

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What is communicating

0 Answers  

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