Govt. grants become -----------because of non fulfillment of the conditions attached to that grant.
A) Refundable
B) non refundable
C) overdraft
D) income
Correct Answer:
Verified
Q3: Accounting Standards are beneficial not only to
Q4: The important objective of Accounting standards is
Q5: AS-7 deals with accounting for construction contracts
Q6: AS -26 deals with the treatment of
Q7: Investment made by government as equity in
Q9: AS 15 deals with the accounting for
Q10: Revised AS 15 - Employees benefits is
Q11: AS …………….also focuses on profit sharing and
Q12: AS-17 segment reporting applies to those companies
Q13: …………….reporting helps uses of financial statements to
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