Economics · Indian GAAP Framework
The sources of Indian Generally Accepted Accounting Principles (IGAAP) include: (a) Companies Act, 2013 (b) Notifications issued by Ministry of Finance (c) Accounting Standards issued by ICAI / MCA (d) Pronouncements and Guidance Notes of ICAI
- 1(a), (b) and (d) only
- 2(a), (c) and (d) only✓
- 3(c) and (d) only
- 4(a) and (c) only
Correct answer
(a), (c) and (d) only
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