[amp_mcq option1=”a-3, b-2, c-1, d-4″ option2=”a-2, b-4, c-1, d-3″ option3=”a-4, b-2, c-3, d-1″ option4=”a-1, b-2, c-3, d-4″ correct=”option4″]<\/p>\n
The correct answer is D. a-1, b-2, c-3, d-4.<\/p>\n
Ind AS-223 is an Indian Accounting Standard that deals with the impairment of assets. It requires an entity to assess the impairment of an asset whenever there is an indication that the carrying amount of the asset may not be recoverable.<\/p>\n
Ind AS-27 is an Indian Accounting Standard that deals with separate financial statements. It requires an entity to prepare separate financial statements for a subsidiary, an associate, or a joint venture when the entity is a parent, an investor, or a venturer, respectively.<\/p>\n
Ind AS-36 is an Indian Accounting Standard that deals with impairment of assets. It requires an entity to assess the impairment of an asset whenever there is an indication that the carrying amount of the asset may not be recoverable.<\/p>\n
Ind AS-41 is an Indian Accounting Standard that deals with agriculture. It requires an entity to account for biological assets and agricultural produce.<\/p>\n
Here is a brief explanation of each option:<\/p>\n
[amp_mcq option1=”a-3, b-2, c-1, d-4″ option2=”a-2, b-4, c-1, d-3″ option3=”a-4, b-2, c-3, d-1″ option4=”a-1, b-2, c-3, d-4″ correct=”option4″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-57023","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"\n