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In Insurance, the following Profit and Loss Accounts are prepared:

<p><strong>(a) Separate for Fire, Marine, and Accidents etc.</strong></p> <p><strong>(b) Consolidated for Fire, Marine, and Accidents etc.</strong></p> <p><strong>(c) None of these.</strong></p>

Accounting Cost Accounting Financial Accounting Finance
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Question added by Kamran Anjum , Head of Internal Audit , Rafhan Maize Products Company limited, Faisalabad, Pakistan, Ingredion Incorporated Gmbh
Date Posted: 2014/09/24
Upvote (4) Views (14) Followers (3) Answers (3) Report Question
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Sara Naeem
by Sara Naeem , Trainee Finance officer , Wah Brass Mill

Thanks for the invitation..you already gives answer :)..option B I agree with you.

Kamran Anjum
by Kamran Anjum , Head of Internal Audit , Rafhan Maize Products Company limited, Faisalabad, Pakistan, Ingredion Incorporated Gmbh

In my humble opinion the answer is B)

Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

(b) Consolidated for Fire, Marine, and Accidents etc.

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