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              Assistant-Kerala Financial Corporation      Cat.No;004/2019                       Question Code:49/2019 :   Date of Test : 19/10/2019   ANSWER KEY 1 . Revenue received from the sale of goods Is treated as an earnings during the period in which  (A) the sale is made  (B) the products are manufactured  (C) the cash is collected   (D) the planning takes place  2 . Which Accounting Standard deals with revenue recognition ?  (A) IAS 12   (B) IAS 18  (C) IAS 28   (D) IAS 17  3 . Which Accounting Convention states that accounting practices should remain unchanged from time to time ?  (A) Full disclosure  (B) Conservatism  (C) Materiality  (D) Consist...