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Fictitious assets are assets that do not have any tangible or physical existence but are shown on the asset side of the balance sheet. These assets are not real assets, and their value cannot be realized or recovered by the company. Fictitious assets are created by the accounting process, and they represent expenses or losses that have been incurred by the company but have not yet been written off as an expense.
Which of the following statements is INCORRECT?
What is the total fertilizer subsidy allocated by the government for the 2023-24 including urea and DAP subsidies?
Which of the following factors is responsible for the disease called ‘Mad Hatter’s Disease’?
The organisms that do not have a defined nucleus or organelles are classified in to _______ Kingdom.
Who is the only Indian appointed as a member of Badminton World Federation's (BWF) Athletes Commission till 2025?
In which of the Five-Year Plans, was the main slogan towards Faster and more inclusive growth used?
The mausoleum of the Taj Mahal was designed by _______________.
What is India's rank in the Travel and Tourism Development Index (TTDI) 2024?
The following major rivers of Uttarakhand state will be in decreasing order according to their length:
1. Kosi
2. Bhagirathi
3. Kali
4. Alaknanda
How many Lok Sabha constituencies are present in Uttar Pradesh?