Revenue is identified when money is received for goods sold or services rendered.
A. False
B. True
Answer: Option A
Solution(By Examveda Team)
Revenues is accounted (usually occurs when goods are transferred or services rendered), regardless of when cash is receivedRelated User Ask Questions
Which of the following is not a primary function of a Bank?
A. Granting Loans
B. Collecting Cheques/Drafts customers
C. Facilitating import of goods
D. Issuing Bank Drafts
A. Regulatory jurisdictional fight between SEBI and IRDA
B. They don’t offer better tax benefits
C. They offer lesser returns compared to traditional insurance policies
D. All of the above
The Chameli Devi Jain Award is given for an outstanding woman ____?
A. Scientist
B. Reporter
C. Player
D. Teacher
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