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  • Accounting & Finance for Bankers - 1 (JAIIB)
  • Accounting Standards (ASs) provide
Multiple choice

Accounting Standards (ASs) provide

  1. framework

  2. standard accounting policies

  3. Both (1) and (2)

  4. None of the above

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

Accounting Standards provide an essential supporting structure and standard accounting policies. So, both the options are correct. 

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