A. Nominal A/c
B. Tangible Asset
C. Intangible Asset
D. Fictitious Asset
Related Mcqs:
- Building and furniture are called ____________??
- Assets having physical existence are called ___________??
- Income earned but not received is called ____________??
- The assets which have some market value are called ____________??
- Which of these types of expenditure would not be treated as a Capital Expenditure??
- Production in forest is a long time process:
- Which of the following statements best describes the purpose of depreciation??
- Computers taken on hire by a business for a period of twelve months should be classified as:___________??
- Economic analysis means:
- The accounting process of gradually converting the unexpired cost of fixed assets into expenses over a series of accounting periods is_________??
