Different accounting policies can be adopted in the following area(s) Options: A . &nbspValuation of inventories B . &nbspValuation of Investments C . &nbspCalculation of depreciation D . &nbspAll of the above

Different accounting policies can be adopted in the following area(s)

Question

Different accounting policies can be adopted in the following area(s)

Options:

A . Valuation of inventories

B . Valuation of Investments

C . Calculation of depreciation

D . All of the above

Answer: Option D

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Question 1. Normally the following accounts are balanced....

Question 2. Opening and closing inventories are recorded in....

Question 3. The installation expenses for a new machinery will be debited to....

Question 4. Which of the following instruments is not a negotiable instrument?....

Question 5. A Trial Balance contains the balances of....

Question 6. When obligation is not probable or the amount expected to be paid to settle the liability cannot be measured with suffic....liability cannot be measured with sufficient reliability, it is called

Question 7. Error which affect only one account can be....

Question 8. In case goods are manufactured and segregated for specified consumers, the best method for valuation of inventory would ....consumers, the best method for valuation of inventory would be

Question 9. Economic life of an enterprise Is split into periodic interval as per ____ concept....

Question 10. Overriding commission is generally calculated on....

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