

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 | |