Tag: accountancy
Questions Related to accountancy
Which of the following is the smallest and fastest computer imitating brain working?
When UPC is used, the price of the item is located ________________.
Depletion term is used in case of intangible assets.
Type of asset on which depreciation is provided is known as _________ .
Double-declining method is often used in ________.
Depreciation is to be calculated from the date of _____________________.
Which of the following is Depleted?
Depletion method depreciation is normally applied in case of _________ assets.
Which one of the following depreciation methods is most suitable for a coal mine?
Match List-I with List-II and select the correct answer using the codes given the lists.
List-I | List-II |
---|---|
I. Amortisation | (a) Diminition in the life of the assets due to excessive use |
II. Depreciation | (b) Exhaustion of natural resource |
III. Depletion | (c) Expiration of tangible assets |
IV. Obsolescence | (d) Expiration of intangible assets |
(e) Economic deterioration due to improved inventions |