Interviewer And Interviewee Guide

Accounting Types Interview Question:

Do you know Accounting Period Concept?

Submitted by: Administrator
According to this concept, the indefinite period of time is divided into shorter time periods, each one being in the form of Accounting period, in order to facilitate the preparation of financial statements on periodical basis. Selection of accounting period depends on characteristics like business organization, statutory requirements etc.
Submitted by: Administrator

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