Question

A company incurred ₹1 lakh as preliminary expenses. How should it treat the amount under current Ind AS?

A Show under assets and amortize
B Write off immediately
C Amortize over 5 years
D Transfer to capital reserve
Practice Next

Relevant for Exams:

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)