Question

Which of the following aspects of revenue recognition is not dealt by AS-9

Answer 1

$\sf{Answer}$

• AS 9 does not deal with the following aspects of revenue recognition to which special considerations apply: Revenue arising from construction contracts; Revenue arising from hire-purchase, lease agreements; ... Revenue of insurance companies arising from insurance contracts.

$\sf{Answer\:by\:UnicornRahuL}$

Answer 2

Explanation:

AS 9 does not deal with the following aspects of revenue recognition to which special considerations apply: Revenue arising from construction contracts; Revenue arising from hire-purchase, lease agreements; ... Revenue of insurance companies arising from insurance contracts.