Question
Preliminary expenses are the best example for
_________.Solution
Preliminary expenses are considered fictitious assets. Fictitious assets are costs incurred that do not have a physical existence but represent expenses incurred that need to be written off over a period. Preliminary expenses are incurred during the formation of a company.
Which of the following ratio is useful in evaluating credit and collection policies?
What is the "Indian Banks' Association (IBA)"?
According to the provisions of the Companies Act for issuing a red herring prospectus, which of the following statements is correct?
What will be the impact on the unsystematic risk of a portfolio as the number of stocks in a portfolio increases?
Depreciation is charged on __________ as per the ___________ of accounting.
Buffer stock’ is the level of stock
Which of the following is a type of pension plan where the employer agrees to pay a specified benefit to the employee upon retirement, based on a set fo...
Which of the following are not TRUE about CERSAI?
1.   CERSAI’s full form is Central Registry of Securitization Asset Reconstruction and ...
Which of the following is not a qualitative characteristic of accounting information?
Job ___________ is the process of describing jobs and arranging their interrelationships.
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