In which of the following cases, accounting estimates are needed?
A) Employs benefit schemes
B) Impairment of losses
C) Inventory obsolescence
D) All of the above
Correct Answer:
Verified
Q63: Capital expenditures are the expenditures incurred for
Q64: The principle of recognizing revenue proportionately on
Q65: The process of recording financial data up
Q66: Which accounting concept specifies the practice of
Q67: An asset was purchased for Rs.1000000 with
Q69: The purpose of final accounts is to
Q70: Final accounts are prepared…….
A)At the end of
Q71: Errors of carry forward from one year
Q72: The manufacturing account is prepared
A)To ascertain the
Q73: Sales made to Mahesh fir cash should
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents