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Sticky Note
Floating assets are valued at:
تیرتے اثاثوں کی قدر کی جاتی ہے۔
  1. Cost
  2. Market price
  3. Cost or market price whichever is lower
  4. Cost less depreciation ·
Explanation

Floating assets are assets that are continually changing in quantity and/or value, such as:

amount of accounts receivable,

cash

inventory

outstanding shares.

Floating assets are valued at cost or market value whichever is lower because of the prudence principle.

ND5-09-2023

Related MCQs

  1. 128/625 (20.48%)
  2. 64/625 (10.24%)
  3. 256/625 (40.96%)
  4. None of these
اس سوال کو وضاحت کے ساتھ پڑھیں

  1. 3/4
  2. 4/5
  3. 6/7
  4. 5/8
اس سوال کو وضاحت کے ساتھ پڑھیں

  1. 5/6
  2. 5/7
  3. 5/8
  4. None of these
اس سوال کو وضاحت کے ساتھ پڑھیں

  1. 1/5
  2. 1/6
  3. 1/7
  4. None of these
اس سوال کو وضاحت کے ساتھ پڑھیں

  1. 25
  2. 40
  3. 50
  4. 60
اس سوال کو وضاحت کے ساتھ پڑھیں

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