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