Economics · Accounting Standards
Match the Indian Accounting Standards (AS) in List I with their corresponding descriptions in List II: List I (Accounting Standard) A. AS 11 B. AS 2 C. AS 3 D. AS 9 List II (Description) I. Revenue Recognition II. The Effects of Changes in Foreign Exchange Rates III. Valuation of Inventories IV. Cash Flow Statements
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A - IV, B - II, C - I, D - III
- 2A - III, B - II, C - IV, D - I
- 3A - II, B - III, C - IV, D - I✓
- 4A - I, B - II, C - III, D - IV
Correct answer
A - II, B - III, C - IV, D - I
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