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 Change in Accounting estimate means:
  • a)
    Difference arising between certain parameters estimated earlier and re-estimated during the current period.
  • b)
    Difference arising between certain parameters estimated earlier and actual results achieved during current period. 
  • c)
    Difference arising between certain parameters during the current period and actual results achieved during the previous period.
  • d)
    Both (a) and (b)
Correct answer is option 'D'. Can you explain this answer?
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Change in Accounting estimate means:a)Difference arising between certain parameters estimated earlier and re-estimated during the current period.b)Difference arising between certain parameters estimated earlier and actual results achieved during current period.c)Difference arising between certain parameters during the current period and actual results achieved during the previous period.d)Both (a) and (b)Correct answer is option 'D'. Can you explain this answer?
Question Description
Change in Accounting estimate means:a)Difference arising between certain parameters estimated earlier and re-estimated during the current period.b)Difference arising between certain parameters estimated earlier and actual results achieved during current period.c)Difference arising between certain parameters during the current period and actual results achieved during the previous period.d)Both (a) and (b)Correct answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Change in Accounting estimate means:a)Difference arising between certain parameters estimated earlier and re-estimated during the current period.b)Difference arising between certain parameters estimated earlier and actual results achieved during current period.c)Difference arising between certain parameters during the current period and actual results achieved during the previous period.d)Both (a) and (b)Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Change in Accounting estimate means:a)Difference arising between certain parameters estimated earlier and re-estimated during the current period.b)Difference arising between certain parameters estimated earlier and actual results achieved during current period.c)Difference arising between certain parameters during the current period and actual results achieved during the previous period.d)Both (a) and (b)Correct answer is option 'D'. Can you explain this answer?.
Solutions for Change in Accounting estimate means:a)Difference arising between certain parameters estimated earlier and re-estimated during the current period.b)Difference arising between certain parameters estimated earlier and actual results achieved during current period.c)Difference arising between certain parameters during the current period and actual results achieved during the previous period.d)Both (a) and (b)Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
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