The figures appearing in the Financial Statements may be rounded off to the nearest crore, only if Turnover is ............

CS Executive · Corporate and Management Accounting · PYQS · December 2020
The figures appearing in the Financial Statements may be rounded off to the nearest crore, only if Turnover is ............
(A) less than ₹100 crore
(B) ₹100 crore or more
(C) more than ₹100 crore
(D) more than ₹500 crore

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Financial Accounting

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