Match the List I with the List II List I List II a. AS 1 1. Interim Financial Reporting b. AS 9 2.…
AS 1 deals with disclosure of accounting policies and AS 9 with revenue recognition. AS 18 concerns related party disclosures, while AS 25 concerns interim financial…
Choose your answer
Match the List I with the List II
| List I | List II |
| a. AS 1 | 1. Interim Financial Reporting |
| b. AS 9 | 2. Disclosure of Accounting Policies |
| c. AS 18 | 3. Revenue Recognition |
| d. AS 25 | 4. Related Party Disclosure |
Answer and explanation
Correct answer D
AS 1 deals with disclosure of accounting policies and AS 9 with revenue recognition. AS 18 concerns related party disclosures, while AS 25 concerns interim financial reporting. This gives a-2, b-3, c-4, d-1.
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Kerala SET (LBS Centre)