McqMate
| Q. |
In financial statements, the fixed assets are shown at … |
| A. | market price |
| B. | cost price |
| C. | replacement price |
| D. | none |
| Answer» A. market price | |
1.9k
0
Do you find this helpful?
9
View all MCQs in
Analysis of Financial StatementsDiscussion
sheraz sabri
1 year ago
Fixed Assets are shown in Financial Statement at unexpired cost
0
Related MCQs
- Which of the following is true about financial statements? A) Financial statement gives a summary of accounts. B) Financial statements can be stated as recorded facts.
- According to prescribed order of assets in a Company’s Balance Sheet ……………………… assets should be shown first of all.
- In cash flows, when a firm invests in fixed assets and short-term financial investments results in
- When the concept of ratio is defined in respect to the item shown in the financial statements, it is termed as
- Fixed assets ratio is a
- Fixed assets turnover ratio is a
- The following are the examples of financial assets except?
- What is followed while preparing the financial statements?
- Which of the following are techniques, tools or methods of analysis and interpretation of financial statements?
- Financial statements are ____________.