WHICH of the following item is not the cause of differences in Financial and Cost Accounts?

CA Intermediate · Cost and Management Accounting · MTP · January 2025
WHICH of the following item is not the cause of differences in Financial and Cost Accounts?
(A) Income tax not treated in Cost Accounts
(B) Dividends credited in Financial Accounts
(C) Losses on the sale of investments not treated in Financial Accounts
(D) Cost Accounts showing notional depreciation on the assets fully depreciated for which book value is nil

Suggested Answer and Working Notes:

Correct Answer: Option (C)

Losses on the sale of investments not treated in Financial Accounts

Topics: Introduction to Cost & Management Accounting

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