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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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