Login / Signup

Question

Which of the following best describes "Ind-AS" in accounting?

A A set of accounting standards issued by the Indian Institute of Chartered Accountants

B A set of accounting standards issued by the Securities and Exchange Board of India.

C A set of accounting standards that are mandatory for listed companies in India.

D A set of accounting standards that are voluntary for companies in India.

Practice Next

More Accounts Questions

Which intangible asset must be tested for impairment annually regardless of indicators ?
  If the PV ratio us 80% and MOS is 20000. Calculate FC if SP per unit is 5 and Contribution is 40000.
If the Opening Debtors were Rs.50,000 and Closing debtors are Rs.40,000, what effect will it have on the cash flow statement?
Sunita accepted a 90 days bill of Rs. 20,000/- drawn by Vinita on 05.02.2017. On 13.03.2017 Sunita wished to retire the bill. Vinita offered rebate @ 10% p...
A company’s inventory turnover ratio is 8. If average inventory is ₹2,50,000, annual cost of goods sold is:
Donations made to the PM CARES Fund are eligible for deduction under which section of the Income Tax Act?
If ₹10,000 is invested at 10% p.a. compounded annually, what will be the amount after 2 years?
ABC Ltd., a manufacturing company, undertook a series of transactions during the financial year 2024–25. It purchased a new plant worth ₹1,000 lakh and pai...
Which of the following investments are covered under the scope of Ind AS -40?
In Zero-Based Budgeting (ZBB), the budget for each activity is:

Hey! Ask a query

ask-question