Question
Which of the following assets is a non-depreciable
asset?Solution
Non-depreciable assets are those assets that do not lose their value over time and are not subject to depreciation expense. Land is a non-depreciable asset because it does not have a determinable useful life. The cost of land is not subject to depreciation, although improvements made to the land may be depreciable. One may have confusion regarding patent, to clarify patents are generally amortized over their useful life, which is the period over which the patent is expected to provide economic benefits. The amortization expense is recognized as an operating expense on the company’s income statement and is used to allocate the cost of the patent over its useful life.
Three of the following four letter-clusters are alike in a certain way and one is different. Pick the odd one out.
PTXB
GKOS
HKNQ
MQUY
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
Select the pair that follows the same pattern as that followed by the two pairs given below.
Both pairs follow the same pattern.
HPK : NTQ
DRV : JVB
Which of the following options is the closest approximate value that should come in place of the question mark (?) in the following equation?
14....
Thickness of 8 tyres L, M, N, O, P, Q, R and S is compared. Thickness of no two tyres is same.Thickness of N is more than L but less than 6 tyres. Thick...
Select the correct mirror image of the given figure when the mirror is placed at MN as shown below.
Study the pattern in the first two pictures and then choose the number that can replace the question mark (?) in the third picture.
There are seven persons Anmol, Fuzail, Raju, Enamul, Dinesh, Badal and Chaman each of different professions Lawyer, Judge, Police, Professor, Architect,...
Statement II: Some stationery items are rubbers.
Statement III: All markers are pens.
Conclusion I: Some stationery items are not rubb...
