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B
Accounting for amalgamations
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C
Cash Flow statement
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D
Fund Flow statement
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Solution
The correct option is C Cash Flow statement Accounting standards are rules and guidelines set up by the governing bodies, to keep accounting practices consistent and understandable across all companies and industries.
Accounting standards in India are issued by the Institute of Chartered Accountants of India. At present, there are 30 Accounting Standards.
Out of these, AS- 3 deals with Cash Flow Statement.