Match the items of List-I with those of List-II and indicate the correct answer: List-I (Accounting Standard) List-II (Relationship) a. AS-6 1. Accounting for Consolidated Financial Statements b. AS-3 2. Accounting For Fixed Asset c. AS-10 3. Depreciation Accounting d. AS-21 4. Accounting For Cash Flow Statement

The correct answer is: D. a-1, b-2, c-3, d-4

AS-6 is the Accounting Standard on Accounting for Consolidated Financial Statements. It prescribes the principles and procedures for preparing and presenting consolidated financial statements of a group of companies.

AS-3 is the Accounting Standard on Accounting for Fixed Assets. It prescribes the accounting treatment for fixed assets, including their initial recognition, measurement, depreciation, impairment, and disposal.

AS-10 is the Accounting Standard on Depreciation Accounting. It prescribes the principles and procedures for determining the depreciation of fixed assets.

AS-21 is the Accounting Standard on Accounting for Cash Flow Statements. It prescribes the principles and procedures for preparing and presenting cash flow statements.

Here is a brief explanation of each option:

• Option A: a-2, b-4, c-3, d-1. This option is incorrect because AS-6 is not related to accounting for cash flow statements.
• Option B: a-3, b-4, c-2, d-1. This option is incorrect because AS-3 is not related to accounting for cash flow statements.
• Option C: a-4, b-3, c-1, d-2. This option is incorrect because AS-10 is not related to accounting for consolidated financial statements.
• Option D: a-1, b-2, c-3, d-4. This option is correct because AS-6 is related to accounting for consolidated financial statements, AS-3 is related to accounting for fixed assets, AS-10 is related to depreciation accounting, and AS-21 is related to accounting for cash flow statements.