Related Questions

Situation in which company replaces existing assets with new assets is classified as
A replacement projects
B new projects
C existing projects
D internal projects
Mahesh ran a business on borrowed capital. After his sudden demise, all the creditors are doing their best to go after Mahesh’s assets. Which of the below assets is beyond the reach of the creditors?
A Property under Mahesh's name
B Mahesh's bank accounts
C Term life insurance policy purchased under section 6 of the MWP Act
D Mutual funds owned by Mahesh
With regards to valuation of assets by insurance companies, _________ is the value at which the life insurer has purchased or acquired its assets.
A Discounted future value
B Discounted present value
C Market value
D Book value
Items of property, plant and equipment can be recognized as assets when their cost can be measured reliably and it is likely that the future economic benefits associated with the assets:
A will increase gradually
B Will flow to entity
C Will diminish with the passage oftime
D Won't be available
A company reports sales revenue of Tk. 200 million the current year and Tk. 180 million last year. Their total assets in the current year are Tk. 150 million and last year's total assets were Tk. 130 million . What is the current year's asset turnover ratio ?
A 1.48
B 1.33
C 1.36
D 1.43
What is the process of evaluating IT assets, their importance to the organization, and their susceptibility to threats, to measure the risk exposure of these assets?
A Risk management
B Risk assessment
C Security
D None of the above
Which of the following model of Islamic financing can be used for large fixed assets financing such as houses, transport, machinery, etc.?
A Murabaha
B Salam
C Diminishing musharakah
D All of a, b, c
Which of the following model of Islamic financing can be used for large fixed assets financing such as houses, transport, machinery etc?
A Murabaha
B Salam
C Diminishing musharakah
D All of these
Depreciation is charged on fixed assets to comply with which of the following accounting principle?
A Matching concept
B Prudence concept
C Timeliness concept
D Reliability concept
The file key of the fixed assets file includes the
A fixed asset account number
B acquisition date
C asset identification number
D depreciation account number
E None of the above

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