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Business Environment Quiz-1

Business Environment Quiz-1 Index => Business Environment Quiz-1 Quiz Show all questions <=   => Which of the follwing is not a component of specific forces of business environment? ?   Technological conditions ?   Customers ?   Employees ?   Investors Unique Ltd. is an electronic goods manufacturing company situated in Uttar Pradesh. It is earning low revenue in comparison to another electronic company 'Pace Ltd' situated in Delhi. Both the enterprises are affected by the investors customers, competitors and suppliers in their respective locations. At the same time both are also affected by economic condition, change in technology, etc. Identify the features of business environment discussed in above paragraph: ?   Relativity and complex ?   Complex and all external forces ?   Specific and general and dynami...

THEORY BASE OF ACCOUNTING, ACCOUNTING STANDARDS AND IND-AS Quiz-1

THEORY BASE OF ACCOUNTING, ACCOUNTING STANDARDS AND IND-AS Quiz-1 Index => THEORY BASE OF ACCOUNTING, ACCOUNTING STANDARDS AND IND-AS Quiz-1 Quiz Show all questions <=   => There should be uniform accounting policies and methods from one period to another, according to : ?   Accrual concept ?   Matching concept ?   conservatism concept ?   None of these Which of the following is the basic accounting concept that states that revenue should be recognized when it is earned, and expenses should be recognized when they are incurred? ?   Matching Concept ?   Conservatism Concept ?   Going Concern Concept ?   Materiality Concept Which of the following is the basic accounting concept that states that all relevant information should be disclosed in the financial statements? ?   Full Disclosure Conc...