Multiple choice

The objective of _________ is to ensure that approximate recognition criteria and measurement bases are applied to provision contingent liabilities and sufficient information is disclosed in the notes to the financial statements to enable users to understand their nature, timing and amount.

  1. AS 27

  2. AS 28

  3. AS 29

  4. AS 30

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Correct Answer: AS 29