Question

Clubbed under the umbrella definition of micro, small and medium enterprises, many of these units suffered severe _____ due to the twin impact of the demonetisation and the introduction of a ______ gst

Answer 1

Accounting standards ensures the consistency and comparability of financial statement". ... Financial statements of one accounting period must be comparable to another in order for the users to derive meaningful conclusions about the trends in an entity's financial performance and position over time.

Answer 2

Explanation:

Definitions of Micro, Small & Medium Enterprises In accordance with the provision of Micro, Small & Medium Enterprises Development