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    5. The insurance claim received on account of machinery damaged completely by fire is

    Question

    The insurance claim received on account of machinery

    damaged completely by fire is
    A capital receipt Correct Answer Incorrect Answer
    B revenue receipt Correct Answer Incorrect Answer
    C capital expenditure Correct Answer Incorrect Answer
    D revenue expenditure Correct Answer Incorrect Answer

    Solution

    The correct answer is A

    Practice Next
      More Previous Year Paper Questions
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      (A) Assessment for learning

      (B) Assessment of learning

      (C) Assessment as learning

      (D) Assessment about learning

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    Relevant for Exams:

    • UPSC EPFO (APFC)
    • UPSC

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