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Byju's Answer
Standard XII
Accountancy
Purpose of Financial Statements
governs the f...
Question

__________________ governs the functioning of Indian companies specifies the preparation of the financials.


A

Companies Act, 2012

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B

Companies Act, 2013

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C

Companies Act, 2011

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D

None of these

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Solution

The correct option is B

Companies Act, 2013


Companies Act, 2013 governs the functioning of Indian companies specifies the preparation of the financials.


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