alleryStart learning →Disclosure of investments must include the policies for determining:
Adirectors remuneration paid
Bdoubtful debts on sales
Cdepreciation of buildings
Dcarrying amount of investments
Answer & Solution
Correct answer: D. carrying amount of investments
The accounting policies behind the carrying amount of investments must be stated.
Keep practising AS 13 Accounting for Investments
Browse all AS 13 Accounting for Investments questions for CA Inter, or explore more Accounting topics.
Related questions
Profits on disposal of current and long-term investments are shown:Statements classify fixed assets, investments and current assets into:A readily realisable investment is meant to be held for 18 months. It is:A readily realisable investment made on 1 April is intended to be sold on 15 February nextIf dividend cannot be allocated except arbitrarily, cost is cut only if it:Interest and rentals on investments are shown separately for:A significant restriction on selling an investment must be:Shares bought for Rs 2,00,000 carry brokerage of 1% and stamp duty of 0.25%. Cost?