Accounts - Principles of Accounts Questions
Question 2396:
The concept which states that assets are not to be recorded at their current market value is
- A Money measuremen
- B Materiality
- C Cost
- D Entity
View Answer & ExplanationQuestion 2397:
Provision for depreciation on delivery van is charged to
- A Trading account
- B Profit and loss account
- C Appropriation account
- D Manufacturing account
View Answer & ExplanationQuestion 2398:
The objectively of accounting information is enable users to
- A Prepre the financial statements
- B Value stock
- C Make decisions
- D Prepare budgets
View Answer & ExplanationQuestion 2399:
The objectively of accounting information is enable users to
- A Prepre the financial statements
- B Value stock
- C Make decisions
- D Prepare budgets
View Answer & ExplanationQuestion 2400:
Trade discounts are given for
- A Bulk purchases
- B Prompt payment
- C Quick delivery
- D Cash payment
View Answer & Explanation