The Ind ASs are named and numbered in the same way as the corresponding:

CS Executive · Corporate and Management Accounting · PYQS · December 2023
The Ind ASs are named and numbered in the same way as the corresponding:
(A) International Financial Reporting Standards (IFRS)
(B) Generally Accepted Accounting Principles (GAAP)
(C) National Advisory Committee in Accounting Standards (NACAS)
(D) Accounting Standards of Accounting Standard Board (ASB)

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Financial Accounting

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