Material concept tell about:
A. Disclosure of loss
B. Disclosure of profit
C. Disclosure of all information which are important for investor
D. Disclosure of all information which are important for management
Answer: Option C
This Question Belongs to Commerce >> Miscellaneous In Commerce
Join The Discussion
Comments ( 1 )
Related Questions on Miscellaneous in Commerce
A. Expenditure for the business
B. Cost for the business
C. Gain for the business
D. None of the above
Which of these items would be accounted for as an expense?
A. Repayment of bank loan
B. Dividend to stock holders
C. The purchase of land
D. Payment of current period rent
Debit the receiver credit the giver rule for:
A. Real a/c
B. Personal a/c
C. Nominal a/c
D. None of these
Explain