Self Studies

Basics of Finan...

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  • Question 1
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    Depreciation does not depends on ___________.

  • Question 2
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    Roma took a loan of Rs.16,000Rs.16,000 against her insurance policy at the rate of 121212\dfrac{1}{2}% per annum. Calculate the total compound interest that will be paid by Roma after 33 years.

  • Question 3
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    A change in depreciation method under AS 6 is treated as __

  • Question 4
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    Which of these statements is true about depreciation.

  • Question 5
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    Allocation of the cost of a fixed assets over its useful life is called ___________.

  • Question 6
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    Depreciation accounting follow ___________ principle.

  • Question 7
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    Suppose for the principal PP, rate R%R\% and time TT years the simple interest is SS and compound interest is CC. Consider the possibilities :
    (i) C>SC > S  (ii) C=SC = S (iii) C<SC < S

    Which of the following options hold?

  • Question 8
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    ____________ deals with Depreciation Accounting.

  • Question 9
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    Depreciation is a ___________.

  • Question 10
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    Obsolescence of a depreciable asset may be caused by
    I. Technological changes
    II. Improvement in the production method
    III. Legal or other restrictions

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