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Which of the following organisations issues Accounting Standards in India? (a) Council of ICAI (b) Government of India (c) $\mathrm{ASB}$ (d) Parliament of India...

Question

Which of the following organisations issues Accounting Standards in India? (a) Council of ICAI (b) Government of India (c) $\mathrm{ASB}$ (d) Parliament of India

Which of the following organisations issues Accounting Standards in India? (a) Council of ICAI (b) Government of India (c) $\mathrm{ASB}$ (d) Parliament of India



Answers

Management accounting:
A. emphasizes special-purpose information
B. relates to the company as a whole
C. is limited to strictly cost figures
D. is controlled by GAAP


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