MCQOPTIONS
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| 1. |
The treatment of interest and dividends received and paid depends upon the nature of the enterprise. For this purpose, the enterprises are classified as ____________. |
| A. | (i) Financial enterprises, and (ii) Operating enterprises |
| B. | (i) Financial enterprises, and (ii) Other enterprises |
| C. | (i) Financial enterprises, and (ii) Non-Financial enterprises |
| D. | (i) Trading enterprises, and (ii) Non - Trading enterprises |
| Answer» C. (i) Financial enterprises, and (ii) Non-Financial enterprises | |