Accounting and Auditing - Financial Accounting Questions

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1. Cost of the asset minus scrap value/ Life of the asset is the formula of

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2. The Diminishing balance method means a method by which-

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3. Which among the following is false about Diminishing balance method-

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4. Which of the following accounting concepts or principles require the calculation of depreciation of the fixed assets?

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5. Depreciation is an

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Financial accounting questions

  • Financial accounting questions answers

    can be used in the preparation of ugc net exams.

  • These questions can be downloaded as Financial accounting online study material pdf.
  • can be used for the preparation of quizzes by any commerce student.
  • Financial accounting objective type questions answers

    can be used to gain a credit score in various undergraduate and post graduate commerce courses like B com and Mcom

  • This section contains Financial accounting Questions Answers

    .This section can also be used by commerce students for improving their knowledge in Financial accounting

  • These mcq can also be used by any student of XI or XII standard who has opted to study commerce to increase his knowledge in Financial accounting.