Q.2 A) State whether the following statements are True or False
1) US GAAP are Issued by FASB
2) Dividend declared but n

Q.2 A) State whether the following statements are True or False
1) US GAAP are Issued by FASB
2) Dividend declared but not claimed is unclaimed dividend
3) NPA stand for Non Production Assets.
Human Capital is an important Asset of an organization.
Average clause is introduced to discourage over insurance.
6) The aim of co-operative society is to care for minority community.
The person whose risk is insured is an Insured.
8) EVA shows the value added to shareholders wealth.
9) Surplus on revaluation should be treated as Capital Reserve.
10) Earning is the Net Profit available to Debenture
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5)
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