Page 15 - IC46 addendum
P. 15

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e. Minimum period of 2 years or such higher
     period not exceeding 10 years.

15. The Council of Institute of chartered

accountants of India has so far issued

________ accounting standards:

a. 30          b. 31

c. 32          d. 33

e. 34

16. The accounting standards are developed

and designed by Accounting Standards

Board constituted by Council of ICAI in:

a. April 1977  b. April 1978

c. April 1979  d. April 1980

e. April 1981

17. Which of the enterprises comes under
     level I as per compliance of accounting
     standards?

a. Enterprise whose debt or equities are listed
     or in process of being listed in India or
     outside India.

b. Banks, insurance companies and financial
     institutions, including any holding or subsidiary
     company.

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