Q2619
Match List-I with List-II and select the correct answer using the options given below the lists: List-I List-II a. Uncertain liability 1. Amortisation b. Expiry of tangible asset 2. Long-term liability c. Basis for all valuations in the balance sheet 3. Research and development d. Accounting standard-As-8 4. Estimated obligation 5. Conservatism convention
Match List-I with List-II and select the correct answer using the options given below the lists:
| List-I | List-II |
| a. Uncertain liability | 1. Amortisation |
| b. Expiry of tangible asset | 2. Long-term liability |
| c. Basis for all valuations in the balance sheet | 3. Research and development |
| d. Accounting standard-As-8 | 4. Estimated obligation |
| 5. Conservatism convention |
A.
a-5, b-1, c-2, d-3
B.
a-4, b-3, c-5, d-1
C.
a-5, b-3, c-4, d-1
D.
a-4, b-1, c-5, d-3
AnswerAnswer: Option D
Solution
Answer: Option D
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