The important objective of Accounting standards is to the …………..diverse accounting policies and practices at present in use in India.
A) harmonies
B) incomplete
C) complex
D) compact
Correct Answer:
Verified
Q1: The accounting standards Board (India) was formed
Q2: Accounting Standards in India are Issued by
Q3: Accounting Standards are beneficial not only to
Q5: AS-7 deals with accounting for construction contracts
Q6: AS -26 deals with the treatment of
Q7: Investment made by government as equity in
Q8: Govt. grants become -----------because of non fulfillment
Q9: AS 15 deals with the accounting for
Q10: Revised AS 15 - Employees benefits is
Q11: AS …………….also focuses on profit sharing and
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