10-Which among the following is considered as a setback for implementing the inflation accounting in the companies?

a.

Planning firms finances need to be revised frequently.

b.

It exhibits fair view of the financial position of the firm.

c.

Maintaining the physical capital intact

d.

Return on capital employed is adjusted the current price index.

11-A method of accounting under which the historical values of the items are not taken in to account, rather the replacement cost values are taken as basis for preparing financial statements

a.

Current cost accounting

b.

Current purchase Power accounting

c.

Periodic revaluation method

d.

Specific and general price level accounting