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      Question

      Which accounting standard in India deals with 'Property,

      Plant and Equipment'?
      A AS 3 Correct Answer Incorrect Answer
      B AS 10 / Ind AS 16 Correct Answer Incorrect Answer
      C AS 2 Correct Answer Incorrect Answer
      D AS 9 Correct Answer Incorrect Answer
      E AS 13 Correct Answer Incorrect Answer

      Solution

      Ind AS 16 (and previously AS 10) provides the guidelines for the accounting treatment of fixed assets.

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