AIEEE Questions

---

NASA's spacecraft "JUNO"is sent for Jupiter mission.

Justice T.B.N Radhakrishnan is the first Chief Justice of the newly formed Telangana High Court.

Most of the Vitamin K is synthesized by intestinal bacteria in the large intestine.

Rashid Khan a bowler from Afghanistan, has become the first-ever bowler in T20I history to pick 4 wickets in 4 balls.

Financial Reporting involves the disclosure of financial information to the various stakeholders about the financial performance and financial position of the organization over a specified period of time. These stakeholders include – investors, creditors, public, debt providers, governments & government agencies.

Financial Reporting is very important and critical task of an organization. It is vital part of Corporate Governance.

The objectives & purposes of financial reporting :–

* Providing information to management of an organization which is used for the purpose of planning, analysis, benchmarking and decision making.

* Providing information to investors, promoters, debt provider and creditors which is used to enable them to male rational and prudent decisions regarding investment, credit etc.

* Providing information to shareholders & public at large in case of listed companies about various aspects of an organization.

* Providing information about the economic resources of an organization, claims to those resources (liabilities & owner’s equity) and how these resources and claims have undergone change over a period of time.

* Providing information as to how an organization is procuring & using various resources.

* Providing information to various stakeholders regarding performance management of an organization as to how diligently & ethically they are discharging their fiduciary duties & responsibilities.

* Providing information to the statutory auditors which in turn facilitates audit.

* Enhancing social welfare by looking into the interest of employees, trade union & Government.

Bhopal mayor Alok Sharma provision to build a cow crematorium in the Madhya Pradesh capital city Bhopal.

Chlorophyll is the pigment that gives pant leaves their green color.