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.
If NATURE is coded as MCQYMK, then how would CREST be coded?
A boy starts from point A and walks 11 km towards east and stops at point B. Now, he turns 45 degrees to his right and walks 2 km to reach point C. Now,...
Which of the following numbers will replace the question mark (?) in the given series?
990, 891, 792, ?, 594
On a particular day, Pavan and Sreyash decide to go on a weekend trip to place B from Place A. Pavan leaves for place B at 11:00 a.m. at a speed of 72 ...
Select the set of classes the relationship among which is best illustrated by the Venn diagram given below.
Select the figure from among the given options that can replace the question mark (?) in the following series.
In CABLES is coded as 720 and WEBINAR is coded as 819, then how will MANDOLIN be coded?
In a certain code language, 'CRECH' is written as 'DTHGM'. How will 'FETCH' be written in that language?
Select the figure from among the given options that can replace the question mark (?) in the following series.
In the following question, select the missing number from the given series.
?, 3, 5, 7, 11, 13