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Accounting Framework - Convention of Conservation
Conservatism refers to the principle and practices that are established through way of tradition, reluctance to change from established principles and practices & inclination to play safe.
As per this convention accountant does not assess any gain or income until the similar has been realised or converted within money, but at the time of estimating expenses or losses the accountant goes beyond the doctrine of objectivity and makes a subjective estimate of possibility. It is for the purpose, in accounting; proper provisions are always made against current profit for future losses and contingencies.
Volume of Issues of Central and State Government Securities The growth of government securities market in India and the investor response to the government bond issues can be k
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A niche market targets a well-defined and specific market segment. Firms that operate in niche markets will therefore cater for the precise and distinct needs of their customers. D
Z works for HS Company and has been asked to undertake an assessment of any health and safety issues that might be potential hazards in the department which she manages. Z's respon
After determining the expected cash flows and appropriate interest rate, the last step in the valuation process is to find the total PV of all cash flows. The PV
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I need a report on the topic Factors affecting Composition of Working Capital. Can you please assist me?
Give a full definition of arbitrage. Answer: Arbitrage can be illustrated as the act of concurrently buying and selling the same or equivalent assets or commodities for the aim
State the concept of Overtrading Overtrading can result in insolvency which means companies have severe cash flow problems. This means that a thriving company, which may look v
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