Question
As per AS 10 (Revised) ‘Property, Plant and
Equipment’, an enterprise holding investment properties should value Investment property:Solution
Explanation :Under AS 10 (Revised) in India, investment property must be measured using the cost model , even though its fair value must be disclosed in the notes. This differs from Ind AS 40 , where entities have the option to use fair value (disclosed but not used for measurement in AS).
Which of the following firms served multiple roles, including Export Credit Agency Coordinator and Green Loan Coordinator, for REC Limited's Green Loan?
Which institution is commonly known as the "lender of last resort"?
Recently RBI has imposed a penalty of Rs 27.5 lakh in which public sector bank?
Who founded the Sayyid Dynasty in India?
With reference to India’s first Aqua Tech Park inaugurated in Assam, consider the following statements:
1. The park, located in Sonapur near Gu...
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