Depreciation does not arise form _______

Related MCQs

• Vendors should be approved by Management before purchase department executes an order. If this is not done, then which of the following situations may arise?
• Schedule XIV has prescribed rates of depreciation for double shift and triple shift working for which one of the following assets?
• A company has bought patents. Which of the following methods is most suitable for providing depreciation on them?
• The client changed method of depreciation from straight line to written down value method. This has been disclosed as a note to the financial statements. It has an immaterial effect on the current financial statements. It is expected, however, that the change will have a significant effect on future periods. Which of the following option should the auditor express?
• The management of a company, to which AS3 is not applicable, does not include statement of cash flows in its annual report. The auditor should express
• Knowledge of the entity’s business does not help the auditor to
• The retiring auditor does not have a right to___
• The principal auditor, as per clarification issued by the ICAI, does not have any right to
• The “Guidance Note on Revenue” issued by the ICAI does not deal with
• Balance sheet does not include :