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Teaching Accountancy Introduction to Accounting Question Bank MCQ - Accounting

  • question_answer
    Which of the following legislation requires companies to follow accrual basis of accounting?

    A)  Accrual Base Accounting Act, 2007

    B)                     Company Act, 2013

    C)                     Indian Accounting Legislation Act, 2009

    D)                     Audit and Accounts Act, 2010

    Correct Answer: B

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