STOCK AND FLOW CONCEPT

Accountancy

What is the exact meaning of stock and flow concept? And how this both are different from each other?

Satha Sivam

CA Final

★ 7K+

10-Jul-21 11:36

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Answers (1)

STOCK CONCEPT: Stock variable is a variable which is measured at a point of time. Example- population of the country, etc.. FLOW CONCEPT: Flow variable is a variable which is measured in a period of time. Example- National Income,etc

G Mohammed Mushtaq

CA Final

★ 15K+

11-Jul-21 11:39