The term fixed assets includes

Related MCQs

• The term current assets does not include
• In case of a limited company, the term financial statements includes………
• Assets and liabilities in a Balance sheet may be arranged in the order of …..
• ……………….refers to firms investment in current assets.
• ……………..means excess of current assets over current liabilities.
• ……………….means cash and other assets which are expected to be sold or consumed during the normal operating cycle of business.
• Which among the following asset is excluded from current assets ?
• …………….assets are those which in the ordinary course of business can be converted into cash within a short period of time.
• ………………is the practice of charging all costs, both variable and fixed, to operations, processes, or products
• Given sales = 150000, Fixed costs = 30000, Profit = 40000.The variable cost is………….