A. | 7 months |
B. | 6 months |
C. | 61/2 months |
D. | 5 months |
Option: B Explanation : Click on Discuss to view users comments. |
Which of the following is not general disclosure requirement under Accounting standard-14 ?
A. | Name and nature of Business |
B. | Description and number of shares issued |
C. | Accounting method followed |
D. | Particulars of scheme sanctioned |
Option: B Explanation : Click on Discuss to view users comments. |
Under the Modified Accelerated Cost Recovery System (MACRS) an asset in the "5 year property class" would typically be depreciated over how many years?
A. | 4 years |
B. | 5 years |
C. | 6 years |
D. | 7 years |
Option: C Explanation : Click on Discuss to view users comments. |