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MCQ- GOVERNMENT ACCOUNTING STANDARDS ADVISORY BOARD (GASAB)


GOVERNMENT ACCOUNTING STANDARDS ADVISORY BOARD (GASAB)
                           
1 .Government Accounting Standards Advisory Board (GASAB) explains the

a) Scope and authority of the Indian Government Accounting Standards (IGASs) for cash system of accounting
b)  Indian Government Financial Reporting Standards (IGFRSs) for accrual system of accounting.
c) Only a) above
d) Both a) & b)

2. Government Accounting Standards Advisory Board (GASAB) was

a) Notified by the President of India in accordance with the provisions of Constitution of India
b) Notified by the Comptroller& Auditor General of India in accordance with the provisions of Constitution of India
c) Notified by the Government of India in accordance with the provisions of Constitution of India
d) None of the above

2. The Government Accounting Standards Advisory Board (GASAB) was constituted by the Comptroller & Auditor General of India on

a) August 12, 2001
b) October 12, 2002
c) August 12, 2002
d) None of the above
2. The Government Accounting Standards Advisory Board (GASAB) was constituted as per the provision of:-

a) Article 150 of the Constitution of India
b) Article 15 of the Constitution of India
c) Article 148 of the Constitution of India
d) None of the above


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