Sample MCQ’s

Sample Quiz

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Sample Quiz Foundation

Sample Quiz

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1. What is the purpose of the Indian Accounting Standards (ASs) framed by the Accounting Standards Board (ASB)?

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2. What is the purpose of additional disclosures in accounting standards?

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3. What is the role of Accounting Standards Board (ASB) in setting accounting standards in India?

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4. Which term describes diverse accounting policies with a view to eliminate non-comparability?

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5. Who issues Accounting Standards in India for non-corporate entities?

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