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CA Inter Accounting Standards Quiz

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Questions and Answers

Which accounting standard covers contingencies and events occurring after the balance sheet date?

AS 7

AS 5

AS 4 (correct)

AS 9

Which accounting standard covers construction contracts?

AS 17

AS 7 (correct)

AS 9

AS 18

Which accounting standard covers net profit or loss for the period, prior period items, and changes in accounting policies?

AS 7

AS 5 (correct)

AS 9

AS 4

Which accounting standard covers related party disclosures?

AS 18 Signup and view all the answers

Which accounting standard covers revenue recognition?

AS 9 Signup and view all the answers

Which accounting standard covers segment reporting?

AS 17 - Segment Reporting Signup and view all the answers

Which accounting standard covers leases?

AS 19 - Leases Signup and view all the answers

Which accounting standard covers accounting for taxes on income?

AS 22 - Accounting for Taxes on Income Signup and view all the answers

Which accounting standard covers earnings per share?

AS 20 - Earnings Per Share Signup and view all the answers

Which accounting standard covers discontinuing operations?

AS 24 - Discontinuing Operations Signup and view all the answers

Study Notes

Accounting Standards

IAS 37 covers contingencies and events occurring after the balance sheet date.
IAS 11 covers construction contracts.
IAS 8 covers net profit or loss for the period, prior period items, and changes in accounting policies.
IAS 24 covers related party disclosures.
IFRS 15 covers revenue recognition.
IFRS 8 covers segment reporting.
IFRS 16 covers leases.
IAS 12 covers accounting for taxes on income.
IAS 33 covers earnings per share.
IFRS 5 covers discontinuing operations.

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Description

Test your knowledge of CA Inter Accounting Standards with this quiz by CA Jujar Singh Rathore. Covering AS 4, AS 5, and AS 7, this quiz focuses on contingencies, net profit or loss, and construction contracts. Perfect for preparing for the CA Inter Group 2 Accounting Standards exam.