CA CPT Jun 2017 Question Paper Fundamentals of Accounting for online practice

Question : 3 of 60

Marks: +1, -0

Which of the following are not the advantage of accounting standard

It reduce confusing variation in the accounting treatments used to prepare financialstatements.
Some information’s are not required by law. To disclose standards May call fordisclosure beyond that required by law.
Financial statements become comparable.
It leads to confusion in deciding about the accounting policy.

Go to Question:

Prev Question

Next Question