when cash is received or paid (d) when transaction occurs answer: d also see: difference between gaap and ifrs for reading more such mcqs on various topics pertaining to commerce, visit here commerce related links flexible and fixed exchange rate types of financial ratios organic farming ...
1. The revenues and expenses of a company are displayed in which statement? Balance Sheet Cash Flow Statement Income Statement None of the above Answer:C) Income Statement Explanation: The income statement displays all the revenues and expenses of a company. ...
the flow of fluid is said to be steady if at any given point, the velocity of each passing fluid particle remains constant. reason: the path taken by a fluid particle under a steady flow is a streamline. both statements (i) and (ii) are individually true, and statement (ii) is the ...
It is also called a cash flow statement. Q:3 The statement of financial position gives the information about the status of an organization by: Giving the details of the Inventory, Long term investments Assets Income and expenses Ans. (A) giving details of the Inventory Explanation: At any ...
Bank statement Cash flow statement Answer:B) Income statement Explanation: A financial document showing the success or failure of a business transaction over a particular period is known as an Income statement. Discuss this Question 8. A decrease in retained earnings can be explained by the followi...
statement of cash flows what is entrepreneurship consumer protection what is a fixed asset what is a balance sheet what is fiscal deficit what are equity shares difference between selling and marketing icse icse sample papers icse question papers ml aggarwal solutions ml aggarwal solutions class 10 ...