Present value of expected future cash flows generated by an asset, plus its expected disposal value is called.

Related MCQs

• Carrying amount of an asset as on 1st April 2015 is Rs. 1500000 and depreciation for the year 2015 – 2016 is 15000. Fair value of the asset less cost of disposal as on 31 March 2016 is Rs. 120000. Which of the following is the carrying amount at 1st April 2106?
• Cash receipts from customers for the sale of goods are cash flows from:
• When the recoverable amount of an asset is less than its carrying value in the statement of financial position, the asset is said to be
• Adjustment of the carrying amount of an asset or liability or the consumption of an asset is defined as,
• …..are resources controlled by the entity as a result of past events and from which future economic benefits are expected to flow to the entity.
• The cost of intangible asset at initial recognition is measured at its fair value when,
• Which of the following are cash and cash equivalents?
• A biological asset used in agricultural activity whose fair value is readily determinable without undue cost or effort is accounted for using:
• Consideration which varies upon certain future events which may or may not occur is called….
• A statement showing information on increase or decrease in net asset or wealth of an entity is called…