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Significance of Financial Analysis

Which of thes...

Question

Which of these agencies is responsible for framing Accounting Standards in India __________.

A

International Accounting Standard Board

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B

Accounting Standard Board of ICAI

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C

RBI

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D

CAG

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Solution

The correct option is B Accounting Standard Board of ICAI
Accounting Standard Board of ICAI is responsible for framing Accounting Standards in India.

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