41.
XYZ firm has imported a machine from abroad. Which of the following is NOT the element of the machine's cost?

42.
Which of the following foxed assets is not depreciated in the ordinary circumstances?

43.
In the calculation of depreciation, all of the following items are actually estimates except:

44.
Under which method of depreciation, the amount of depreciation expenses remains constant throughout the life of the asset?

45.
An increase in the value of fixed asset is referred to as:

Read More Section(Accounting)

Each Section contains maximum 70 questions. To get more questions visit other sections.