Multiple Choice
Fixed assets are held by business for _____.
A) Converting into cash
B) Generating revenue
C) Resale
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q15: Small items like, pencils, pens, files, etc.
Q16: A trader has made a sale of
Q17: The assets that can be easily converted
Q18: The comparison of financial statement of one
Q19: Which of the following is not a
Q20: Which accounting concept satisfy the valuation criteria?<br>A)Going
Q22: Long term assets having no physical existence
Q23: Historical cost concept requires the valuation of
Q24: The debts which are to be repaid
Q25: For every debit there will be an