Which of the following Accounting Standards relates to accounting for fixed assets ? (in India)
Which of the following Accounting Standards relates to accounting for fixed assets ? (in India) (A) AS 3 (B) AS 10 (C) AS 14 (D) AS 16 Answer.B
Which of the following Accounting Standards relates to accounting for fixed assets ? (in India) (A) AS 3 (B) AS 10 (C) AS 14 (D) AS 16 Answer.B
Accounting is? (A) An Art (B) A Science (C) A Profession (D) All of these Answer.D
July 29 in History 587 BC – The Neo-Babylonian Empire sacks Jerusalem and destroys the First Temple. 238 – The Praetorian Guard storm the palace and capture Pupienus and Balbinus. They are dragged through the streets of Rome and executed. On the same day, Gordian III, age 13, is proclaimed emperor. 615 – Pakal ascends…
Advanced Accounting By Joe B. Hoyle, Thomas F. Schaefer, and Timothy S. Doupnik Download from Mediafire Download from Google Drive
Which of the following statements best describes the purpose of depreciation? A. Regular reduction of asset value to correspond to changes in market value as the asset ages B. A process of correlating the market value of an asset with…
Under the direct write-off method of recognizing a bad debt expense. Which of the following statements is/are true? A. The bad debt expense is not matched with the related sales B. Revenue is overstated in the year of sales C.…
Human Resource Management (HRM) is_________? A. A Staff function (Correct) B. A line function C. A staff function, line function and accounting function D. All of the above
The systems of accounting are _____________? A. Two (correct) B. Three C. Five D. Six
The maintenance of accounts in a systematic way is called__________? A. Accounting B. Reading C. Book Keeping (correct) D. Auditing
An Art of reading, classifying & Summarizing of accounts in a systematic way is called__________? A. Accounting (correct) B. Accountancy C. Auditing D. Book Keeping