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INTERVIEW QUESTIONS
FUNDAMENTALS OF ACCOUNTING
ACCOUNTING STANDARDS
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Question: Match the following (A) AS 26 (I) Impairment of assets (B) AS 10 (II)Discounting operations (C) AS 28 (III)Intangible assets (D) AS 24 (IV) Accounting for Fixed Assets The correct alternative is: a) (A)- (iii), (B)- (iv), (C)- (ii), (D)- (i) b) (A)- (ii), (B)- (iv), (C)- (i), (D)- (iii) c) (A)- (ii), (B)- (iv), (C)- (iii), (D)- (i) d) (A)- (iii), (B)- (iv), (C)- (i), (D)- (ii)
Answer: (d) Description: Following are the relevant accounting standards: AS 10: Accounting for Fixed Assets AS 24: Discounting Operations AS 26: Intangible Assets AS 28: Impairment of Assets
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Accounting Standards Interview Questions & Answers -
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Question:
Match the following (A) AS 26 (I) Impairment of assets (B) AS 10 (II)Discounting operations (C) AS 28 (III)Intangible assets (D) AS 24 (IV) Accounting for Fixed Assets The correct alternative is: a) (A)- (iii), (B)- (iv), (C)- (ii), (D)- (i) b) (A)- (ii), (B)- (iv), (C)- (i), (D)- (iii) c) (A)- (ii), (B)- (iv), (C)- (iii), (D)- (i) d) (A)- (iii), (B)- (iv), (C)- (i), (D)- (ii)
Answer:
(d) Description: Following are the relevant accounting standards: AS 10: Accounting for Fixed Assets AS 24: Discounting Operations AS 26: Intangible Assets AS 28: Impairment of Assets Source: CoolInterview.com
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