Floating assets are valued at:
تیرتے اثاثوں کی قدر کی جاتی ہے۔
- Cost
- Market price
- Cost or market price whichever is lower
- 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
- 128/625 (20.48%)
- 64/625 (10.24%)
- 256/625 (40.96%)
- None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
- 3/4
- 4/5
- 6/7
- 5/8
اس سوال کو وضاحت کے ساتھ پڑھیں
- 5/6
- 5/7
- 5/8
- None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
- 1/5
- 1/6
- 1/7
- None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
- 25
- 40
- 50
- 60