Test: Accounting Standards


15 Questions MCQ Test Principles and Practice of Accounting | Test: Accounting Standards


Description
This mock test of Test: Accounting Standards for CA Foundation helps you for every CA Foundation entrance exam. This contains 15 Multiple Choice Questions for CA Foundation Test: Accounting Standards (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Accounting Standards quiz give you a good mix of easy questions and tough questions. CA Foundation students definitely take this Test: Accounting Standards exercise for a better result in the exam. You can find other Test: Accounting Standards extra questions, long questions & short questions for CA Foundation on EduRev as well by searching above.
QUESTION: 1

  IASB stands for: 

Solution:
QUESTION: 2

Accounting Standards refers to specific accounting : 

Solution:
QUESTION: 3

Match the following 
(A) AS 26     (i) Impairment of Assets 
(B) AS 10     (ii) Discounting operations 
(C) AS 28     (iii) Intangible assets 
(D) AS 24     (iv) Accounting for Fixed Assets 
The Correct alternative is:

Solution:
QUESTION: 4

AS 2 is on :

Solution:
QUESTION: 5

All of the following are limitations of Accounting Standards except

Solution:
QUESTION: 6

Which of the following provide framework and accounting policies so that the financial statements of different enterprise become comparable ?

Solution:
QUESTION: 7

Accounting for Fixed Assets: 

Solution:
QUESTION: 8

Accounting Standards

Solution:
QUESTION: 9

Accounting Standards in India are issued by

Solution:
QUESTION: 10

How many Accounting Standards have been issued by ICAI?

Solution:
QUESTION: 11

 Consistency with reference to application of accounting principles refer to the 

Solution:
QUESTION: 12

 It is essential to standardize the accounting principles and policies in order to ensure

Solution:
QUESTION: 13

 AS – 8 on Accounting for Research and Development: 

Solution:
QUESTION: 14

 Accounting Standards ________ the statue:

Solution:
QUESTION: 15

 The purpose of Accounting Standards is to : 

Solution:

 

Similar Content

Related tests