Multiple Choice
Consumable stores are
A) Inventories
B) Property, Plant and Equipment
C) Investment Property
D) Intangible Asset
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q4: The useful life of an intangible asset
Q5: Inventories must be measured at<br>A)Cost<br>B)Lower of cost
Q6: Which of the following asset is not
Q7: Property, Plant and Equipment are defined as,<br>A)Tangible
Q8: Cost of inventory is a sum of<br>A)Cost
Q10: FASB is based in…………….<br>A)London<br>B)Chennai<br>C)New York<br>D)Norwalk
Q11: Cost of inventory does not include<br>A)Salary of
Q12: ASB was set up in India on………………<br>A)21
Q13: An entity must measure its Property, Plant
Q14: …………….is the residual interest in the asset