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    Question

    The accounting for 'Consolidated Financial Statements'

    is dealt with under:
    A AS 21 Correct Answer Incorrect Answer
    B AS 23 Correct Answer Incorrect Answer
    C AS 27 Correct Answer Incorrect Answer
    D AS 29 Correct Answer Incorrect Answer

    Solution

    Accounting Standard (AS) 21, "Consolidated Financial Statements," deals with the preparation and presentation of consolidated financial statements for a group of companies under the control of a parent.

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