A ---------- policy covers loss of stock, fixed asset, profit, expenses etc.

Related MCQs

• If value of Insurance Policy is 21000, Stock on date of Fire is 24000 and Loss of stock is 20000 then Amount of Claim for stock will be ……………
• If value of Insurance Policy is 31500, Stock on date of Fire is 36000 and Loss of stock is 27000 then Amount of Claim for stock will be ……………
• If value of Insurance Policy is 63000, Stock on date of Fire is 72000 and Loss of stock is 54000 then Amount of Claim for stock will be ……………
• A business takes a……………insurance policy to cover the claims for loss of stocks and loss of profit.
• A fire policy covers loss of or damaged to insured property.
• Opening stock + purchases + direct expenses – closing stock =
• All items of stock in Trading and Profit and loss Account are to be converted into cost price if these are given at an _
• IF Gross profit rate is 20% and Short Sales is Rs. 400000, then Loss of Profit on Sales will be ………..
• IF Gross profit rate is 40% and Short Sales is Rs. 250000, then Loss of Profit on Sales will be ………..
• Profit and losses can’t be ascertained because Trading and Profit and loss account can’t be prepared.