Page 53 - IC46 addendum
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15. Schedule ___________ of Companies Act
2013 lays down the principles for
preparation and presentation of balance
sheet as well as statement of profit and
loss for Indian enterprises for financial
year commencing from April 1, 2014:
a. I b. II
c. I I I d. I V
e. V
16. Under section_______ the financial
statements shall give a true and fair view
of the state of affairs of the company,
comply with accounting standards
notified under section_____ and shall be
in the form as may be provided for
different class or classes of companies in
schedule III:
a. 128 (1) and 133 b. 129 (1) and 133
c. 127 and 133 d. 127 and 136
e. 127 and 137
17. In case of which companies financial
statements shall not be treated as not
disclosing a true and fair view of state of
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