In which of the following cases, accounting estimates are needed?

Related MCQs

• If the two companies have different accounting policies in respect of the same item, then they make necessary changes to adopt .............. accounting policies.
• Indian accounting standards are the International financial reporting standards converged standards issued by the central government of India under the supervision and control of accounting standards board of ICAI and in consultation with __________.
• If the two companies have different accounting policies in respect of the same item, then they make necessary changes to adopt .............. accounting policies.
• Which of the following is the starting point for an entity accounting in accordance with IFRSs?
• Under Ind AS 16, which two subsequent accounting treatments are allowed subsequently to initial recognition?
• ------ represents that part of discount received during the year by a bank which relates to the next accounting year.
• Accounting standards and Standards on Auditing establish standards which have to be complied with to ensure that financial statements are prepared in accordance with ______.
• After convergence of Indian accounting standards with IFRS, new standard issued for preparing the cash flow statement is:
• Accounting in India is governed by the
• The convergence of the Indian Accounting Standards with IFRS began in