Download App

P2 C7 Accounting Standards : Concept and Objectives — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C7 Accounting Standards : Concept and Objectives1 Mark
MCQ
What does the ASB issue?
  • A
    Indian Financial Reporting Standards
  • ✓
    International Financial Reporting Standards
  • C
    General Financial Reporting Standards
  • D
    Special Financial Reporting Standards.
✓

Answer

Correct option: B.
International Financial Reporting Standards
B

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "MCQ .(1 Marks)" from P2 C7 Accounting Standards : Concept and Objectives→P2 C7 Accounting Standards : Concept and Objectives — all question types→Account STD 11 Commerce question papers→Gujarat Board STD 11 Commerce question papers→Gujarat Board question paper generator→

Similar questions

A skill which is required for preparation and presentation of account within the boundries of accounting is known as$........$
→
What type of account is Bill of exchange?
→
When from assets, cash or goods is withdrawn by owner of business from the business it is called _____________ .
→
Which type of machine computer is ?
→
After which stage trial balance is prepared?
→
Out of following what is called 'Sudiu' or 'Danlu'?
→
Bank overdraft as per cash book means$…………$
→
How many types of errors, which affect trial balance, are there?
→
$..........$ balance is generally not used for distribution of dividend.
→
Based on $..........$ Concept, provision for outstanding salary for the month of March is made in the month of March while finalising the accounts even though the salary for that month is actually paid in April next.
→