Impairment assets is nothing but………………….in the value of assets

Related MCQs

• As per As- 28 impairment of asset means decrease in the value of asset.
• Recoverable amount of an asset isof selling price and value of an assets in use.
• In financial lease as per As-19 leased assets is shown in the Balanced sheet of--
• An assets becomes non performing when it to generate income for bank.
• Sub standard asset are certain loan asset of a bank which are classified as ………….assets for a period not exceeding two year.
• Non-Banking Assets must be shown in the Balance Sheet in scheduled 8.
• An assets become non-performing when it ceases to generate income for a Bank.
• Banks are to recognize their income on cash basis in respect of income on performing assets.
• Sub-standard assets is one which has been classified as non performing asset for a period not exceeding three years.
• Which of the following is not included in current assets.