financial year? Question 8 After the havoc caused by flood in Jammu and Kashmir, a group of companies undertakes during the period from October, 2011 to December, 2011 various commercial activities, with considerable concessions/discounts, along the related affected areas. The management intends to highlight the expenditure incurred on such activities as expenditure incurred on activities undertaken to discharge corporate social responsibility, while publishing its financial statements for the year 2011-2012 Required : State whether the management's intention is correct or not and why? Question 9