Financial Accounting MCQs

Fixed assets are held by business for

April 23, 2022

54 Views

Fixed assets are held by business for

Q. Fixed assets are held by business for

A. Generating revenue

B. Converting into cash

C. Resale

D. None of the above

Answer: Generating revenue

Fixed assets are held by business for

Previous

Is root cause for financial accounting?

Fixed assets are held by business for

Next

Which accounting concept specifies thepractice of crediting closing stock to the trading account?

Related Articles

Sar Utha ke Jiyo is the tag line of –

Sar Utha ke Jiyo is the tag line of –

Bonds issued by Indian entities outside India but denominated in Indian rupees are known as

Bonds issued by Indian entities outside India but denominated in Indian rupees are known as

Fiscal policy is concerned with which of the following?

Fiscal policy is concerned with which of the following?

In which area, different accounting policies are adopted?

In which area, different accounting policies are adopted?

We will be happy to hear your thoughts

Leave a reply Cancel reply

You must be logged in to post a comment.