Question
Consolidated Financial statements are covered under
which of the following accounting standards?Solution
AS 21 Consolidated Financial Statements should be applied in preparing and presenting consolidated financial statements for a group of enterprises under the sole control of a parent enterprise. A parent company presenting its consolidated financial statements must present these statements along with its standalone financial statements. The users of financial statements of a parent company are typically concerned with and are required to be educated about, the results of operations and financial position of not only the company itself but also of that group together.
Select the most appropriate option to substitute the underlined segment in the given sentence. If no substitution is required, select No improvement
...Select the most appropriate synonym of the given word.
RAPT
The wind was abaft (A) / abase (B) which made the ship glide faster towards our destination.
The player was fined for using abrasive (A) / asquin...
Select the most appropriate word to fill in the blank.
The groom stood before the __________________ for the wedding ceremony at the chur...
Any prolonged (A) / impersonating (B) attempt to isolate the country would not only have economic consequences but also complicate the fight against the...
Select the most appropriate word to fill in the blank.
We have little choice early in life, but as we grow older choices ______.
Select the most appropriate word for the given group of words.
a written work dealing formally and systematically with a single specialized subject.
Select the most appropriate ANTONYM of the given word.
EMULATE
Today she employs (A) four workers and manufacturers (B) nearly one tonne of vermicompost-based planting mix, which is fortified (C) with cow manure (D)...
Select the option to complete the sentence most logically and appropriately.
He didn't see the whole film because
Relevant for Exams:
