QuestionsClarification regarding CA IPCC MCQ No- 519
RaviRavi Staff asked 5 years ago

519. Identify the approach:
Currency year and previous year both are referred
in intro para and opinion para.
a) Corresponding Figure Approach.
b) Comparative financial statements Approach.
c) Complementary Figure Approach.
d) Restricted financial statements Approach.
Answer:- b) Comparative financial statements Approach.

1 Answers
RaviRavi Staff answered 5 years ago

MCQ revised for better understanding:-
Identify the approach:
Current year and previous year both are referred in intro para and opinion para..
a)Corresponding Figure Approach.
b) Comparitive financial statements Approach.
c) Complementary Figure Approach.
d) Restricted financial statements Approach
Answer:- b) Comparitive financial statements Approach.