Q969
The Accounting Standards Board of India does not perform the following function:
A.
Formulation of Accounting Standards established by Institute of Chartered Accountants of India
B.
Review of Accounting Standards established by International Accounting Standards Committee
C.
Issue of guidelines and clarification notes on points arising from Accounting Standards
D.
Propagate the Accounting Standards and persuade business houses to adopt them
AnswerAnswer: Option D
Solution
Answer: Option D
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