alleryStart learning →If the entity uses different accounting policies from the group, what is done?
AThe entity is left out
BNothing is changed ever
CSuitable adjustments are made
DIts profit is disregarded
Answer & Solution
Correct answer: C. Suitable adjustments are made
Uniform policies are expected for like transactions, so the entity's figures are adjusted unless that is not practicable, in which case the fact is disclosed.
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