alleryStart learning →Start of business on 1 April 2015 equals which moment?
AClose of business 1 April 2015
BClose of business 31 March 2016
CClose of business 31 March 2015
DStart of business 31 March 2015
Answer & Solution
Correct answer: C. Close of business 31 March 2015
The standard treats the start of 1 April 2015 and the close of 31 March 2015 as the same instant.
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