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However, the Term-I examination was criticised by many for having wrong answer keys, tough question papers and wrong or controversial questions, with a question being dropped in Sociology exam of class 12 and a paragraph in the English Language and Literature exam for class 10 by CBSE following which CBSE dropped the experts who set the ...
[10] [11] The second quadrant is an e-content which could include e-books, illustrations, Case studies, Open source content, reference links, further reading sources, etc. [12] The third quadrant is about clearing students' queries where students can interact with each other and faculty; any student or faculty can answer a student’s question ...
Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. [1] [2] Accounting measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. [3]
Given the above, one view of the progression of the accounting and finance career path is that financial accounting is a stepping stone to management accounting. [16] Consistent with the notion of value creation, management accountants help drive the success of the business while strict financial accounting is more of a compliance and ...
The accounting equation plays a significant role as the foundation of the double-entry bookkeeping system. The primary aim of the double-entry system is to keep track of debits and credits and ensure that the sum of these always matches up to the company assets, a calculation carried out by the accounting equation. It is based on the idea that ...
In banking and accounting, the balance is the amount of money owed (or due) on an account. In bookkeeping, "balance" is the difference between the sum of debit entries and the sum of credit entries entered into an account during a financial period. [1] When total debits exceed the total credits, the account indicates a debit balance.
Exams at the remaining levels (also called standard, grade or class, denoting the years of schooling) are conducted by the schools. National Council of Educational Research and Training (NCERT): The NCERT is the apex body located in New Delhi, India's capital city.
Ind AS 11 Construction Contracts (Omitted by the Companies (Indian Accounting Standards) Amendment Rules, 2018) Ind AS 12 Income Taxes Ind AS 16 Property, Plant and Equipment Ind AS 19 Employee Benefits Ind AS 20 Accounting for Government Grants and Disclosure of Government Assistance Ind AS 21 The Effects of Changes in Foreign Exchange Rates