Commerce Short Question | Gkseries

Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

Consolidated financial statements are prepared on the principle

A In form the companies are one entity, in substance they are separate.
B In form companies are separate, in substance they are one.
C In form and substance the companies are one entity.
D In form and substance the companies are separate.

Answer & Explanation

Answer:In form and substance the companies are one entity.

Advertisement
Article and Schedule Quiz Start Test!
DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Random GK Questions

Assam Direct Recruitment Test Series

Teacher Eligibility Test

Assam Direct Recruitment Test Series