The important objective of Accounting standards is to the …………..diverse accounting policies and practices at present in use in India.

Related MCQs

• The accounting standards Board (India) was formed by the Institute of Chartered Accountants of India in April---------------
• Accounting Standards in India are Issued by the …………..
• A 25 focuses on change in accounting policies also.
• Accounting Standards are beneficial not only to the business enterprises but also to the………….. as well.
• The ratios which reveal the final result of the managerial policies and performance is…………..
• A society which as proclaimed as its objective the………….of economic interest of its member
• The primary objective in the formation of Co-operative credit Society is ………
• Profit for the objective of calculating a ratio may be taken as
• Stock and Debtors method of branch accounting is generally used where branch turnover is substantially
• The method of Branch Accounting varies with the nature and the status of branch.