| Assertion [A] : |
| A company has postponed paying suppliers, so that the period-end cash balance appears higher in the books of the company. This is an example of window dressing. |
| Reason [R] : |
| Through Window Dressing a company can present a better financial position of the firm than the actual position. |
| Choose the Correct Option from the following: |
A) Assertion and Reason both are correct and Reason is the correct explanation of assertion
B) Assertion and Reason both are correct but Reason is not correct explanation of assertion
C) Only Assertion is correct,
D) Reason is correct but Assertion is not correct
Correct Answer: A
Solution :
Assertion and Reason both are correct and Reason is the correct explanation of assertion
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