Question

    Which ICDS deals with Accounting

    Policies?
    A ICDS I Correct Answer Incorrect Answer
    B ICDS IV Correct Answer Incorrect Answer
    C ICDS II Correct Answer Incorrect Answer
    D ICDS III Correct Answer Incorrect Answer
    E ICDS VI Correct Answer Incorrect Answer

    Solution

    ICDS I, "Accounting Policies," deals with accounting policies adopted by an entity in the preparation and presentation of financial statements. It provides guidance on selecting and applying accounting policies, including changes in accounting policies and disclosure requirements.

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