Explain Going Concern Concept
Give a brief introduction of the term ‘Going Concern Concept’?
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The organization is intended for to be in existence for an imprecise period of time and is not probable to close down the business in the shorter period of time. This influences the valuation of liabilities and assets.
Briefly describe production unit method to compute depreciation?
Give a brief introduction of the term ‘Perpetual inventory system’?
Describe briefly the term Cost Volume-Profit relationship?
Describe briefly the term Bankers to the issue?
As per schedule XIV of Companies Act, 1956 how are the fixed assets classified to evaluate the depreciation?
Briefly describe the term ‘Stock market indices’? Write down the name of major stock market indices?
How can we evaluate the cash flows?
Give a short introduction of the term ‘Absorption’? And also write down its various methods employed for deciding the rates of overhead absorption?
Write down the main objectives of Management Accounting?
What do you mean by the term Client Business Service? Explain in short.
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