Accounting · Accounting Standards
Match the Accounting Standard (AS) mentioned in LIST-I with its corresponding core provision/requirement in LIST-II. LIST-I (Accounting Standard) A. AS 13 B. AS 24 C. AS 15 D. AS 20 LIST-II (Core Requirement) I. Actuarial valuation is mandatory for defined benefit plans. II. Requires separate disclosure of assets, liabilities, and cash flows of specific business components. III. Current investments are valued at the lower of cost and fair value. IV. Mandates reporting of both basic and diluted earnings per equity share. Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A-III, B-II, C-I, D-IV✓
- 2A-II, B-III, C-IV, D-I
- 3A-III, B-I, C-II, D-IV
- 4A-IV, B-II, C-I, D-III
Correct answer
A-III, B-II, C-I, D-IV
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