Given below are two statements. One is labelled as Assertion (A) and the other is

February 21, 2020 3:46 pm

Choose Your Answer:

ABoth (A) and (R) are true and (R) is the correct explanation of (A)

BBoth (A) and (R) are true but (R) is not the correct explanation of (A)

C(A) is true but R) is false

D(A) is false but (R) is true

Eduncle Best Answer
Assertion (A) & (R) both are correct & (R) is not the correct explanation of (A) because of carve-outs in some cases, Ind-AS financials may not be compliant with IFRS.
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