Amortization of unidentified intangible assets is in terms of
A). Conservatism concept
B). Materiality concept
C). Matching concept
D). Cost concept
Matching concept
Amortization of unidentified intangible assets is in terms of Matching concept. In the Matching Concept of Accounting, all the expenses matched with the revenue of an accounting period should only be taken into consideration.
1. Oil spills are a source of pollution for
4. The legally binding international agreement to reduce Greenhouse gases by 5% 2012 is _________
5. Green Revolution in India was initiated by __________
6. An example of major air pollutant is
7. Main source of lead pollution is from
8. The filter over which sewage is sprinkled is called as