Question

Match List - I with List - II:

• A. A-I, B-II, C-III, D-IV
• B. A-IV, B-III, C-II, D-I
• C. A-I, B-II, C-IV, D-III
• D. A-III, B-II, C-I, D-IV

Hint:

Logic Tip: AS-1 = Accounting Policies, AS-2 = Inventories, AS-3 = Cash Flow, AS-17 = Segment Reporting.

Answer 1

The Correct Option is B

Step 1:

• AS-1 $\rightarrow$ Disclosure of Accounting Policies
• AS-3 $\rightarrow$ Cash Flow Statement Thus: \[ A \rightarrow IV \] \[ B \rightarrow III \]

Step 2:

• AS-17 $\rightarrow$ Segment Reporting
• AS-2 $\rightarrow$ Valuation of Inventories Thus: \[ C \rightarrow II \] \[ D \rightarrow I \]

Step 3:
Final matching becomes: \[ A-IV,\; B-III,\; C-II,\; D-I \]

Step 4:
Hence, the correct answer is: \[ \boxed{\text{(2) A-IV, B-III, C-II, D-I}} \]