Revenue is generally recognised being earned at the point of time when _____ as per matching concepts.
Sale is affected
Sale is affected option is correct.
Under the Revenue Recognition principle (AS-9 and Ind AS 115), revenue from the sale of goods is recognised when the significant risks and rewards of ownership pass to the buyer -- typically at the point of sale, when the seller has no continuing managerial involvement to the degree usually associated with ownership.
Recognition does not wait for cash receipt or dispatch; it is tied to the effect of sale. Hence revenue is generally recognised when the sale is affected.
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.................... is a client server application that identifies each host on the internet with a unique user-friendly name.
Every OS has a ................ or .......... which primarily resides in the main memory of the computer to perform some of the basic functions of the OS.
(i) Kernel
(ii) Interface
(iii) Nucleus
(iv) Compiler
Codes:
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(ii) Assembly language
(iii) High level language
(iv) Natural language
Codes:
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List I List II (a) New York Public Library (i) Shelv AR (b) Miami University Augmented Research Group (ii) Smart library (c) Oula University Library (iii) Wolf Walk (d) North Carolina State University (iv) Find the future Codes:
Which part of the QR code represents the encoded data?
