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The accounting standard that deals with "Net Profit or loss for the period, prior period items, and changes in the Accounting Policies" is: Accounting Standard 5 (AS 5) - "Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies" AS 5 provides guidance on the disclosure of net profit or loss for the reporting period, treatment of items related to prior accounting periods (prior period items), and the accounting treatment and disclosure of changes in accounting policies. It ensures consistency and comparability in financial reporting and helps users of financial statements in understanding the financial performance of an entity.
Choose the correct synonym for the given word.
Fright
Choose the word(s) that have been correctly spelt and mark your answer accordingly.
Select the most appropriate ANTONYM of the given word.
Generous
A) Obnoxious B) Juvenile C)Hopeful D) Youthful
...Choose the word opposite in meaning to the given word.
Innovative
In the following question select the answer pair that expresses a relationship most similar to that expressed in the capitalised pair.
SKEPTIC...
Identify the most appropriate synonym of the given word-
Adept
He gave a succinct summary of the report.
Person with independent or unorthodox views
DISPARAGE