Question
In India, ________ took upon itself the leadership role by constituting the Accounting Standards Board (AS
- B in 1977.
Solution
The correct answer is A
More Accounts Questions
- Under AS 6, which of the following cannot be considered a method of depreciation?
- Under the Liberalised Remittance Scheme (LRS), a resident individual can remit up to __________Â per financial year for permitted capital and current accou...
- Opening Stock               ₹ 2,00,000 Closing Stock                ₹ 2,20,000 Purchases during the year       ₹ 14,00...
- When an individual is unable to repay the overdraft availed from a bank, which type of risk is the bank primarily exposed to?
- What are the four generic business-level strategies that Porter identified?
- The accounting for 'Government Grants' is prescribed under:
- A company has Net Sales of ₹1,000 lakhs, Net Profit of ₹80 lakhs, Total Assets of ₹750 lakhs, and Equity of ₹250 lakhs. Calculate Return on Equity (ROE) u...
- Which statement is correct?
- U/s 208, it is obligatory for an assessee to pay advance tax where the tax payable is
- Forfeiture of shares occurs when a shareholder: