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Basics of Finan...

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  • Question 1
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    Depreciation is generally provided on _______________.

  • Question 2
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    A farmer took a loan at 12% p.a. at S.I. After 4 years he settled the loan by paying Rs. 2,442. What was the principal amount?

  • Question 3
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    The number of production of similar units expected to be obtained from the use of an asset by an enterprise is called as ______.

  • Question 4
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    Depreciation is a process of ______________.

  • Question 5
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    Which of the following statement is incorrect?

  • Question 6
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    Depreciation is a ________ shrinkage in the book value of a fixed asset.

  • Question 7
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    On which of the following asset depreciation cannot be provided?

  • Question 8
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    The compound interest on $$Rs. 3000$$ for $$3$$ years at $$10\%$$ per annum is

  • Question 9
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    Which of the term is used to write off in reference to tangible fixed assets?

  • Question 10
    1 / -0

    Asset that has a limited useful life are termed as:

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