Question
Consolidated Financial statements are covered under
which of the following accounting standards?Solution
AS 21 Consolidated Financial Statements should be applied in preparing and presenting consolidated financial statements for a group of enterprises under the sole control of a parent enterprise. A parent company presenting its consolidated financial statements must present these statements along with its standalone financial statements. The users of financial statements of a parent company are typically concerned with and are required to be educated about, the results of operations and financial position of not only the company itself but also of that group together.
I will tell him that I don’t want to join the art classes.
Select the most appropriate direct form of the given sentence.
She says that she would like to be an ambassador to a foreign country when she grows up.
Select the option that expresses the given sentence in direct speech.
My grandfather wished that God should give me success in my new venture....
1. With such a passive attitude, the very
P. to one that is inferior you will begin to
Q. moment you pass from a superior environment
...Select the correct indirect form of the given sentence.
I said, “What a remarkable likeness between the two sisters!”
Hina said that she had been watering the plants when her parents arrived.
He said, "I am coming tomorrow."
Select the most appropriate indirect form of the given sentence.
Esha said, “Avika is not going to school today as she has fever.”
I said to the taxi driver, "You must be crazy to drive so fast."
Change into indirect form-
My teacher said to me, “Don’t talk to your parents like that.”
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