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.
Give a brief introduction of the term capital market?
Describe briefly the term Direct labor cost?
Explain what do you understand by the TDS and the Sale tax return?
Briefly describe the term Material Cost?
Give brief information about the term ‘Margin of Safety’?
Write down the merits and drawbacks of credit rating?
Why is Bank Reconciliation Statement made?
In what condition credit rating is mandatory?
Give a brief introduction of the term Capital Expenditure?
Give brief introduction of Accelerating Premium System of premium payment?
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