As per IFRS15, an agreement between two or more parties that creates enforceable right and obligation is called….
A) Agreement
B) Contract
C) Performance obligation
D) Liability
Correct Answer:
Verified
Q9: Inventory allocated to the construction of fixed
Q10: Ind AS 38 deals with…….
A)Tangible assets
B)Impairment
C)Intangible assets
D)Borrowing
Q11: …………. are the amount of income tax
Q12: ……………….is the price at which goods or
Q13: ……………..are employee benefits that are payable after
Q15: Which of the following is not an
Q16: A……………………..is the liability of uncertain timing and
Q17: Operating lease is
A)Short term agreement
B)Long term agreement
C)Medium
Q18: Finance leases are accounted for in a
Q19: Which of the following securities do not
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