Question
I. A firm requires 16,067.5372 nos. of a particular portion Firm is buying it orginally at 61.4672 each. The cost of placing in a solicitation
I. A firm requires 16,067.5372 nos. of a particular portion
Firm is buying it orginally at 61.4672 each.
The cost of placing in a solicitation and following it up is 121.5772.
The yearly amassing charges works out to 10.3572% of the cost of the thing.
To get most prominent benefit the firm should put demand for what Units at the same time
a. 1,000
b. 900
c. 800
d. 600
II. The accounting relationship of bit by bit changing over the unexpired cost of fixed assets into costs over an advancement of accounting periods is
(a) Depreciation
(b) Physical rot of the asset
(c) Decrease in market worth of the asset
(d) Valuation of an asset at a condition of time
III. Which of the going with parts are primarily considered to pick the money related presence of an asset?
(a) Passage of time, asset use, and oldness
(b) Tax rules and SEBI rules
(c) Tax rules and asset use
(d) SEBI rules and Asset use
IV. In which of the going with systems, the cost of the asset is spread over in equivalent degree during its obliging monetary life?
(a) Straight-line procedure
(b) Written down regard technique
(c) Units-of-creation technique
(d) Sum-of-the years'- digits technique
V. Which of the going with statements is correct?
(a) Depreciation can't be given if there ought to be an event of trouble in a money related year
(b) Depreciation is a charge against advantage
(c) Depreciation is given in the books correctly when there is advantage
(d) Depreciation is an arrangement of advantage
VI. Depreciation is chosen the
(a) Cost cost of asset
(b) Market cost
(c) Cost+ Transport+ Installation costs
(d) Cost or market regards whichever is less
VII. Which of coming up next is an external help weakening
(a) Routine fix and backing
(b) Misuse
(c) Obsolescence
(d) Wear and tear
VIII. Depreciation is an illustration of
(a) Valuation of fixed assets
(b) Allocation of cost over the obliging presence of assets
(c) Generating finances replacements of the assets
(d) Avoidance of assessment
IX. Which of coming up next isn't tainted
(a) Building
(b) Land
(c) Plant and Machinery
(d) Office equipment
X. Depreciation is a pattern of
(a) Valuation
(b) Valuation and circulation
(c) Allocation
(d) Appropriation
XI. The portion of the getting cost of the asset yet to be disseminated is known as
(a) Written down regard
(b) Accumulated regard
(c) Salvage regard
(d) Residual Value
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