…………….assets are those which in the ordinary course of business can be converted into cash within a short period of time.

Related MCQs

• ………..liabilities are those which are intended to be paid in the ordinary course of business within a short period.
• ……………….means cash and other assets which are expected to be sold or consumed during the normal operating cycle of business.
• ………are short term , highly liquid investments that are readily convertible into known amounts of cash and which are subject to an insignificant risk of changes in value.
• According to SEBI requirements Cash flow statement is prepared by categorizing cash flows into operating, investing and …………..activities
• ……………….are the statements, in which figures reported are converted into percentages to some common base.
• Cash, according to cash flow statement comprises of ……………
• Under marginal costing, …………… costs are treated as period costs and charged to profit and loss account for the period for which they are incurred
• ……………….is a statement which lists all the sources of funds and applications of funds taken place in a business during a particular period
• …………..costs are the increase or decrease in total cost that result from producing additional or fewer units or from the adoption of an alternative course of action.
• Which among the following asset is excluded from current assets ?