Home / MCQ Bank / Commerce
Commerce Accounting Difficulty: Medium

The allocation of the cost of a tangible plant asset to expense in the periods, in which services are received from the asset, is termed as

Select the correct option to test your answer:

More Commerce Questions

A charge created on the stock in trade of a business is: Audit in depth is synonymous for: A particular firm provided the following data for an accounting year Current ratio = 2.5 : 1 Liquid ratio = 1.5 : 1 Net working capital = Rs. 6,00,000 Current assets and current liabilities of the firm are, respectively: Possession of authority is the key to: Which of the following items is not taken in to account while computing Current Ratio?