alleryStart learning →Uneven costs may be anticipated or deferred at interim dates only if:
AIt is also proper at year end
BProfit smoothing is wanted
CThe cost is below one lakh
DLenders request the deferral
Answer & Solution
Correct answer: A. It is also proper at year end
The test is again the year-end treatment: if deferral or accrual would be proper at year end, it is allowed at the interim date.
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