Question Description
Which statement is true regarding the presentation of figures in financial statements?a)Figures can be rounded off to any convenient value.b)Rounding off figures is not allowed.c)Figures must be rounded off based on the company's preference.d)Figures should be rounded off based on the company's turnover.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which statement is true regarding the presentation of figures in financial statements?a)Figures can be rounded off to any convenient value.b)Rounding off figures is not allowed.c)Figures must be rounded off based on the company's preference.d)Figures should be rounded off based on the company's turnover.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which statement is true regarding the presentation of figures in financial statements?a)Figures can be rounded off to any convenient value.b)Rounding off figures is not allowed.c)Figures must be rounded off based on the company's preference.d)Figures should be rounded off based on the company's turnover.Correct answer is option 'D'. Can you explain this answer?.

Solutions for Which statement is true regarding the presentation of figures in financial statements?a)Figures can be rounded off to any convenient value.b)Rounding off figures is not allowed.c)Figures must be rounded off based on the company's preference.d)Figures should be rounded off based on the company's turnover.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

Here you can find the meaning of Which statement is true regarding the presentation of figures in financial statements?a)Figures can be rounded off to any convenient value.b)Rounding off figures is not allowed.c)Figures must be rounded off based on the company's preference.d)Figures should be rounded off based on the company's turnover.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Which statement is true regarding the presentation of figures in financial statements?a)Figures can be rounded off to any convenient value.b)Rounding off figures is not allowed.c)Figures must be rounded off based on the company's preference.d)Figures should be rounded off based on the company's turnover.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Which statement is true regarding the presentation of figures in financial statements?a)Figures can be rounded off to any convenient value.b)Rounding off figures is not allowed.c)Figures must be rounded off based on the company's preference.d)Figures should be rounded off based on the company's turnover.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Which statement is true regarding the presentation of figures in financial statements?a)Figures can be rounded off to any convenient value.b)Rounding off figures is not allowed.c)Figures must be rounded off based on the company's preference.d)Figures should be rounded off based on the company's turnover.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Which statement is true regarding the presentation of figures in financial statements?a)Figures can be rounded off to any convenient value.b)Rounding off figures is not allowed.c)Figures must be rounded off based on the company's preference.d)Figures should be rounded off based on the company's turnover.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice B Com tests.