Financial and Management Accounting

1: Assertion (A). Companies are required to use Written Down Value (WDV) method and the rates specified in Schedule XIV to the Companies Act. Reason (R). A change from WDV method of providing depreciation to Straight Line Method (SLM) should be made if it is considered that the change would result in a more appropriate preparation or presentation of the financial statements of the company.

A.	Both A and R are true and R is the correct explanation of A.
B.	Both A and R are true but R is not a correct explanation of A.
C.	A is true but R is false
D.	A is false but R is true.
	Answer : B Explanation : Write your comments here: Updating your Comments.. Updating your Comments.. Report Error
	Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.

Sample Online Test

GK Test 4 Statement & Argument Numerical Reasoning Psychometric Online Test 1

UGC NET Paper 1 UGC NET Computer Science UGC NET Exam GATE Exam Aptitude Viva Questions General Knowledge Computer Questions Online Test

Financial and Management Accounting

Sample Online Test

Suggest an improvement