Applicability OF Accounting standard

This query is : Resolved 

16 April 2009 What is mean by Small and medium companies and non small and medium companies.
SMC's and Non SMS's
as defined by company rules 2006 section 211
And why organisations are classified on the basis of SMS"s and Non SMC's concept and Level ,I-II-III concept .

16 April 2009 answered


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