Question
Fixed assets and current assets are categorized as per
concept of:ÂSolution
The classification of assets into: • Fixed assets (used for long-term, not meant for sale) • Current assets (cash or expected to be converted into cash within a year) is based on the Going Concern Concept. Going Concern Concept assumes that the business will continue operating for the foreseeable future. Because of this assumption: • Assets are classified based on how long they will be used. • Fixed assets are shown at cost (less depreciation), not liquidation value. • Current assets are expected to be realized in the normal course of business. Other options: • Separate Entity → business is separate from owner. • Consistency → use same methods year to year. • Money Measurement → record only monetary items.
Select the correct Active Voice form of the given sentence.
Originality of thought was not appreciated in school essays
Select the correct active form of the given sentence.
Many Indians have been brought back from foreign countries by the government.
Select the option that expresses the given sentence in passive voice.
She handles all tasks efficiently.
The food should not be wasted.
Select the correct passive form of the given sentence.
The Indian army has inducted several women officers in Infantry and Armoured Corps.
...The shopkeepers were told (A)/by the police that (B)/goods were being selled(C)/by them at higher prices (D).
- Select the option that expresses the given sentence in active voice.
The homework must be done by you. Select the correct passive form of the given sentence.
The storm last night uprooted a large number of trees.Â
 Groups of four words are given. In each group one word is rightly spelt. Find the rightly spelt word.
. (a)  Puerille         ...
Select the correct passive/active form of the given sentence.
The students believe that the uttar Pradesh government is honest.
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