Forma example sentences

The reliability of accounting information is determined by the degree of correspondence between what the information conveys about the transactions or events that have occurred, measured and displayed.The prospective buyer of a product sends an enquiry to different exporters requesting them to send information regarding price, quality and terms and conditions for export of goods.This transformation from a plant to a finished product involves three types of economic activities.According to section 211 of The Companies Act, the balance sheet shall be prepared in a prescribed format, depict true and fair view of financial position and follow general instructions for preparation of balance sheet under the given headings with notes at the end.The term 'business environment' means the sum total of all individuals, institutions and other forces that are outside the control of a business enterprise but that may affect its performance.On the other hand, there may be no check on the nature of information being gathered, and therefore no control over the attitudes that are being formed, or the direction of change in the existing attitudes.Depending upon the mode of formation, sedimentary rocks are classified into three major groups: mechanically formed — sandstone, conglomerate, limestone, shale, loess etc.To ensure reliability, the information disclosed must be credible, verifiable by independent parties use the same method of measuring, and be neutral and faithful.Business environment is largely uncertain as it is very difficult to predict future happenings, especially when environment changes are taking place too frequently as in the case of information technology or fashion industries.A cash flow statement provides information about the historical changes in cash and cash equivalents of an enterprise by classifying cash flows into operating, investing and financing activities.The major factors of soil formation are the nature of the parent rock and climatic factors.In recent times, certain new services based on information technology such as internet cafe, ATM booths, call centres, software companies etc have become important.But, if the buyers are themselves schoolchildren, they may be convinced more by another schoolchild advertising a laptop than they would be by a professional giving the same information (see Figureure 1).Crowding leads to lowered performance on difficult tasks that involve cognitive processes, and has adverse effects on memory and the emotional state.All such information about material facts should be disclosed through the financial statements and the accompanying notes so that users can take informed decisions.