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Question
Accounting Standards Board of India was established in the year ______.
Accounting Standards Board of India was established in the year ______.
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Solution
The correct option is D 1977
Indian accounting standards is the accounting standard adopted by companies in India and issued under the supervision of accounting standard board (ASB) which was constituted as a body in the year 1977.
Indian accounting standards is the accounting standard adopted by companies in India and issued under the supervision of accounting standard board (ASB) which was constituted as a body in the year 1977.
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