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Start learning 50% faster. Sign in nowExplanation A) IND AS 101 deals with the First-time Adoption of Indian Accounting Standards. B) IND AS 102 addresses the accounting treatment of share-based payment transactions, such as equity-settled and cash-settled share-based payments. C) IND AS 104 specifically covers the accounting requirements for insurance contracts. D) IND AS 105 relates to the accounting treatment for non-current assets held for sale and discontinued operations. E) IND AS 109 relates to the accounting for financial instruments, such as recognition, measurement, and derecognition of financial assets and liabilities.
When a firm’s decision to produce decreases the wellbeing of others, but the firm does not compensate those others. It is a case of______.
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