…………….reporting helps uses of financial statements to better assess the risk and t returns of the enterprise.

Related MCQs

• The Insurance Company cannot prevent the happening of risk but provide for losses at the happening of risk.
• Insurance is a financial service for collecting the saving of the public and providing them with a risk of a coverage.
• AS-17 segment reporting applies to those companies which have an annual turnover of Rs……….crores or more.
• AS-7 deals with accounting for construction contracts in financial statements of
• AS -26 deals with the treatment of costs of……………in financial statements.
• AS 15 deals with the accounting for retirement benefits in the financial statements of --------------
• When the concept of ratio is defined in respect to the item shown in the financial statements, it is termed as
• Investment made by government as equity in the ownership of an enterprise is known as ------------
• Ratio analysis helps in investment decision.
• As per AS-19 …………nlease risk and reward is not transferred to the lessee.