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    Question

    Which accounting standard deals with the recognition,

    measurement, and presentation of Property, Plant and Equipment?
    A Ind AS 105 - Non-current Assets Held for Sale and Discontinued Operations Correct Answer Incorrect Answer
    B Ind AS 109 - Financial Instruments Correct Answer Incorrect Answer
    C Ind AS 16 - Property, Plant and Equipment Correct Answer Incorrect Answer
    D Ind AS 38 - Intangible Assets Correct Answer Incorrect Answer

    Solution

    Ind AS 16 specifically addresses the accounting treatment for Property, Plant, and Equipment in financial statements, providing guidelines for their recognition, measurement, and presentation.

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