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Q. As per AS 15 accumulated compensated absences can be carried forward if the current period entitlement is not used in full.

Q. AS -20 deals with presentation and Computation of---------------

Q. AS-7 deals with accounting for construction contracts in financial statements of

Q. Liquidity ratios are expressed in

Q. AS 7 does not apply to Contractors

Q. Single entry constitutes incomplete records rather than single entry

Q. AS-17 segment reporting applies to those companies which have an annual turnover of Rs……….crores or more.

Q. The ratio which measures the relationship between the cost of goods sold and the amount of average inventory is

Q. Stock and Debtors method of branch accounting is generally used where branch turnover is substantially

Q. AS – 7 deals with accounting for Government grants.