Practice free →
Home › CBSE Class 12 (Commerce) › Accountancy › Financial Statements of a Company › A company with turnover above Rs 100 crore round…

A company with turnover above Rs 100 crore rounds off figures to the nearest

ALakhs or millions
BHundreds or tens
CThousands only
DWhole rupees
Answer & Solution
Correct answer: A. Lakhs or millions
Larger companies with turnover over Rs 100 crore round off to the nearest lakhs or millions, or a decimal thereof.
Solve this in the app — CBSE Class 12 (Commerce) practice & 24k+ MCQs →
Related questions