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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

Satha Sivam

CA Inter

6K+

10-Jul-21 11:36

295

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

G Mohammed Mushtaq

CA Final

15K+

11-Jul-21 11:39

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